The lender does not have to strictly comply with the state statute governing foreclosure-substantial compliance is sufficient.

Name: The lender does not have to strictly comply with the state statute governing foreclosure-substantial compliance is sufficient.
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Quizplus · Accepted Answer

In most jurisdictions, lenders must strictly comply with state statutes governing foreclosure procedures. Substantial compliance may not be sufficient, as foreclosure laws are often strictly construed to protect homeowners' rights.

The Lender Does Not Have to Strictly Comply with the State