Post Notice of Foreclosure
Barron's Real Estate Dictionary:
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Post Notice of Foreclosure
Provide legal notice of an intent to foreclose for violation of terms of a debt.
Example: Before he could foreclose on the Johnsons’ home, the mortgage lender had to post notice of foreclosure in the county courthouse and advertise in the legal section of the local newspaper of record for four consecutive weeks.
Example: Before he could foreclose on the Johnsons’ home, the mortgage lender had to post notice of foreclosure in the county courthouse and advertise in the legal section of the local newspaper of record for four consecutive weeks.
| Possession, Positive Leverage | |
| Potable, Potential Gross Income |
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Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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