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noname [10]
2 years ago
11

In a foreclosure sale, what kind of deed does the mortgagor receive? select one:

Social Studies
1 answer:
Anika [276]2 years ago
5 0

In a foreclosure sale, the kind of deed does the mortgagor receives is " "Quitclaim deed" (Option C)

<h3>What is a Quitclaim Deed?</h3>

In general, a Quitclaim is is a formal waiver of a legal action against another person or a right to land. A person who gives up a right gives up a legal right or gives up a legal right or transfers a legal interest to a land.

<h3>What is a foreclosure?</h3>

Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped paying the lender by forcing the sale of the asset used as collateral for the loan.

Learn more about Quitclaim:
brainly.com/question/28273187

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