The forced sale of real property following a court proceeding is called a:
A)judicial foreclosure.
B)deficiency judgment.
C)right of redemption.
D)real estate owned.

Question

Quizplus · Accepted Answer

A judicial foreclosure is a type of foreclosure proceeding that is initiated by a lender and carried out under the supervision of a court. This process typically involves the forced sale of the property in question to satisfy the outstanding mortgage debt.

The Forced Sale of Real Property Following a Court Proceeding