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Equity of Redemption is the right of the mortgagor to redeem the mortgaged property after default in the performance of the conditions of the…

2012 Bar Exam · Remedial Law · Question 48 · Multiple choice

The question

Equity of Redemption is the right of the mortgagor to redeem the mortgaged property after default in the performance of the conditions of the mortgage, before the sale or the confirmation of sale in a (n):

  1. A.Extrajudicial foreclosure of mortgage.
  2. B.Judicial foreclosure of mortgage.
  3. C.Execution sale.
  4. D.Foreclosure by a bank.

This question has not been answered yet.