legal foreclosure

noun

: a method of foreclosure used in some states of the U.S. that is carried out by proceedings at law (as by writ of entry or of ejectment or of scire facias) rather than in equity and bars the equity of redemption

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Cite this Entry

“Legal foreclosure.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/legal%20foreclosure. Accessed 23 Nov. 2024.

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