The right of a defaulted property owner to recover the property prior to its sale by paying the appropriate fees and charges.
Related information about equitable right of redemption:
- What is equitable right of redemption? definition and meaning
Definition of equitable right of redemption: The right of a defaulted property owner to recover the property prior to its sale by paying the appropriate fees and ...
- Definition of equitable right of redemption
equitable right of redemption -- a right under state law of a defaulted borrower to redeem his or her property up to the date of the mortgage foreclosure sale by ...
- What is an equitable right of redemption
What is an equitable right of redemption? In: Foreclosure [Edit categories]. Answer: In a mortgage foreclosure process, the time between the foreclosure filling ...
- Foreclosure - Public Legal Information Center | GetLegal.com
Oct 29, 2008 ... An equitable right of redemption is a right that gives borrowers the chance to pay the outstanding debt on a mortgage after default but before ...
- The Value of Equitable Redemption in Commercial Mortgage - MIT
It should be noted that the equitable right of redemption is distinct from a statutory right of ... To be clear, the equitable right of redemption that is recognized in 49 ...
- What is right of redemption? definition and meaning
... provide for redemption of the mortgage property it is, ipso facto, unenforceable in law. Also called equitable right of redemption, statutory right of redemption.
- What Is the Equitable Right of Redemption? | eHow.com
What Is the Equitable Right of Redemption?. A foreclosure occurs when a mortgagor, or mortgage holder, defaults on the loan associated with a piece of ...
- FLORIDA KEYS REAL ESTATE, Home Sales, FORECLOSURES
If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the borrower the equitable right of redemption if the borrower ...