Which of the following terms is used to describe a situation in which a lender initiated foreclosure on a house, then dismissed the title without telling the homeowner, so that the homeowner legally still owns the house, but since they have typically abandoned the home, the house sits in a state of neglect?

Question

Quizplus · Accepted Answer

This situation is commonly referred to as a "zombie house," because the property is technically still owned by the homeowner, but is abandoned and neglected like a zombie.

Which of the Following Terms Is Used to Describe a Situation