This right is called the right of Redemption
The right of redemption enables borrowers who have fallen behind on their mortgage payments to regain their homes by paying the outstanding balance plus interest and penalties either before the foreclosure process gets underway or, in some areas, even after a foreclosure auction.
When a person takes out a mortgage to purchase a property, the house itself acts as security for the loan. In other words, if a homeowner misses a payment, they lose possession of the house. Many mortgage notes contain a clause referred to as the right of foreclosure that explains a lender's power to foreclose on a property and specifies the circumstances in which the lender may do so.
Learn more about the Redemption here brainly.com/question/13554337
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JEBBERZ that link isn't even clickable
Answer:
<h2>Leslie's budget is hurting in the areas of transportation, groceries, phone and dining out. </h2>
Explanation:
<h2> For transportation, money is required for each da.</h2><h2 /><h2>PURPLE YOU ALL</h2><h2 /><h2 />
We are given
P = $15,000
i = 8% per year
n = 9 months
First we convert the interest to per month
i = 8%/12 = 0.67%
And we solve for the future worth of the note
F = P ( 1 + i)^n
F = 15000 ( 1 + 0.0067)^9
F = $15929.12
The value of the note is $15929.12<span />
Hello!
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The answer to your questions is "identifying stakeholders".
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The main output of the identifying stakeholders process is the stakeholder register.
:)
