In many states, a mortgagor has the right to redeem the property by paying the debt within:

Question

Quizplus · Accepted Answer

Many states have laws that provide a period of time during which a mortgagor can redeem their property. This period is known as the statutory redemption period, and it varies from state to state. During this time, the mortgagor can pay off the debt and reclaim their property. Therefore, the best choice is A, the statutory redemption period.

In Many States, a Mortgagor Has the Right to Redeem