A mortgagee has the right to seek a judicial sale of prop?erty on a mortgagor's default.

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According to the laws of most jurisdictions, a mortgagee or lender has the legal right to seek a judicial sale of the property when the mortgagor or borrower defaults on the loan. This is also known as foreclosure, and it allows the lender to recover their investment by selling the property to a new buyer or through an auction. The specific procedures and requirements for foreclosure may vary depending on the state or country, but the mortgagee generally has the authority to initiate the process if certain conditions are met.

A Mortgagee Has the Right to Seek a Judicial Sale