Right of Foreclosure

The legal right of a mortgage lender to take ownership of a property securing a mortgage if the borrower does not meet the terms of the lending agreement. Most obviously, the right of foreclosure is exercised if the borrower does not pay the mortgage.

References in periodicals archive ?

However, the right of foreclosure FHFA is seeking to invalidate nationwide is permitted by law in Nevada, 21 other states and the District of Columbia.

CAI: FHFA Move Threatens Homeowners and Their Communities

If a developer were to collapse, the banks would have legal right of foreclosure.

British MPs and MEPs take up title deeds crusade

The fixed-rate portion will be the first mortgage with right of foreclosure.

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Right of discussion
Right of division
Right of drain
Right of drip
right of election
right of election
right of election
Right of eminent domain
Right of eminent domain
Right of eminent domain
Right of eminent domain
Right of eminent domain
right of entry
right of entry
right of entry
right of entry
right of entry
Right of establishment
Right of establishment
Right of establishment
Right of establishment
Right of establishment
Right of First Negotiation
Right of first offer
Right of first offer
right of first offer; right of first opportunity
right of first publication
right of first publication
Right of first refusal
Right of first refusal
Right of Foreclosure
Right of Frame
Right of free association
Right of free association
Right of free expression
Right of free expression
right of future enjoyment
right of future possession
Right of habitation
Right of initiative
Right of initiative
Right of initiative
Right of Landing Fee
Right of Last Refusal
right of literary property
Right of nations to self-determination
Right of nations to self-determination
Right of nations to self-determination
Right of nullification
Right of Occupancy
right of offset
Right of Operational Management
Right of ownership
Right of ownership
Right of ownership
Right of ownership
Right of passage
Right of passage
Right of passage
Right of passage
Right of passage
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