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A mortgagee has the right to seek a judicial sale of the mortgaged property on the mortgagor’s default. (Points : 5) True False
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Updated 20 days ago|4/13/2016 1:23:28 AM
1 Answer/Comment
A mortgagee has the right to seek a judicial sale of the mortgaged property on the mortgagor’s default. TRUE.
Added 20 days ago|4/12/2016 5:12:09 PM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [4/13/2016 1:23:29 AM]
A writ of execution is a court order to seize a debtor’s property after the entry of a final judgment in a creditor’s lawsuit against the debtor. (Points : 5) True False
Weegy: True. User: Ian’s mortgage debt to Jeff is past due. Jeff brings a legal action against Ian to collect the debt. Jeff asks the court to order the sale of the mortgaged property and the payment of a portion of the proceeds to Jeff. This is a request for (Points : 5) a deficiency judgment. a foreclosure. a right of reimbursement. redemption. Weegy: redemption. User: A mortgagee has the right to seek a judicial sale of the mortgaged property on the mortgagor’s default. (Points : 5) True False (More)
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Asked 6/29/2012 5:02:16 PM
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