Question: ______ is when a lender exercises its right using the power ofsale clause in the deed of trust to sell a property at publicsale. judicial
______ is when a lender exercises its right using the power ofsale clause in the deed of trust to sell a property at publicsale.
judicial foreclosure | ||
non-judicial foreclosure | ||
equitable right of redemption | ||
statutory right of redemption |
PART 2
______ is when a lender files a lawsuit seeking court approvalto foreclose on a property.
judicial foreclosure | ||
non-judicial foreclosure | ||
equitable right of redemption | ||
statutory right of redemption |
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