To initiate a foreclosure, a lender must record a notice of default with the appropriate county office.

Name: To initiate a foreclosure, a lender must record a notice of default with the appropriate county office.
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In many jurisdictions, recording a notice of default is a required step for a lender to begin the foreclosure process, as it formally notifies the borrower and public of the default.

To Initiate a Foreclosure, a Lender Must Record a Notice