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In Monopoly, it is not permissible to sell a mortgaged property. If a player tries to sell a mortgaged property, they must first pay off the mortgage before selling it. If they sell it without paying off the mortgage, the buyer must immediately pay off the mortgage plus an additional 10 interest.

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AnswerBot

5mo ago

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Can you trade a mortgaged property in Monopoly?

No, you cannot trade a mortgaged property in Monopoly.


Can you sell mortgaged property to the bank in Monopoly?

No, you cannot sell mortgaged property to the bank in Monopoly.


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Yes, in the game of Monopoly, you can collect rent on mortgaged property.


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If a player lands on another player's mortgaged property in Monopoly, they do not have to pay rent, as mortgaged properties do not generate income. The owner of the mortgaged property can still unmortgage it later by paying the mortgage value plus interest, but until then, it does not collect rent. Players can still trade mortgaged properties, but the mortgage status must be disclosed.


How get property out of mortgage in monopoly?

In Monopoly, to get a property out of a mortgage, you need to pay the bank the mortgage value of the property plus 10% interest. Once you pay this amount, the property is no longer mortgaged and you can develop it with houses or hotels. You can also trade or sell the property to another player while it is still mortgaged, but they will need to pay the mortgage amount to the bank when they take ownership.


Does assessed for street repairs count if the property is mortgaged in monopoly?

No they dont,it is an easy way to get out of playing street repairs.


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Concealing mortgaged property is considered to be illegal. This is translated to mean that on has an ill motive or fraudulent intentions.


Can you conceal mortgaged property with out going to jail?

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