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decree of foreclosure and sale |
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decree of foreclosure and sale An announcement by a court establishing the amount of a mortgage debt and ordering the foreclosure of the property to pay the debt; employed in states that must follow judicial foreclosure in order for a lender to sell mortgaged property. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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