Exchange Currency

right of redemption

The right of a property owner to redeem his/her real estate from foreclosure or tax sale either by paying off the amount owed.

Related information about right of redemption:
  1. Right of redemption - Wikipedia, the free encyclopedia
    The right of redemption, in the law of real property, is the right of a debtor whose real property has been foreclosed upon and sold to reclaim that property if they ...
     
  2. Right of Redemption
    Oct 13, 2011 ... The “right of redemption” is simply the right of the foreclosed homeowner to buy the home back from the person who bought it at foreclosure.
     
  3. Right of redemption - Financial Dictionary - The Free Dictionary
    Right of redemption. The right to recover property that has been attached by paying off the debt . Right of Redemption. In foreclosure or repossession, the right of ...
     
  4. "Right of redemption"? - realestate mortgage | Ask MetaFilter
    Is this something to avoid -- foreclosed property under "right of ... A right of redemption means that the previous owner of the house was ...
     
  5. Redemption Rights
    Redemption Rights: The rights of redemption, as specified in Internal Revenue Code Section 6337, are quoted as follows: Sec. 6337. Redemption of Property.
     
  6. What is right of redemption? definition and meaning
    Definition of right of redemption: Fundamental legal right of a borrower ( mortgagor) to redeem the mortgaged property. The mortgagor can exercise this right (1) ...
     
  7. Right Of Redemption Definition | Investopedia
    Right of redemption gives property owners who pay off the back taxes or liens on their property the ability to prevent foreclosure or the auctioning off of their ...
     
  8. Right of Redemption | LII / Legal Information Institute
    In some states, mortgagors who default on their loans and lose their mortgaged property may recover their property by exercising a right of redemption.