Why does a mortgagee rarely take possession immediately on default by the mortgagor?

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The Law And Business Administration In Canada

ISBN: 9780133251678

14th Edition

Authors: J.E. Smyth, Dan Soberman, Alex Easson, Shelley McGill

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Question Posted: Mar 16, 2024 11:01 PM

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Why does a mortgagee rarely take possession immediately on default by the mortgagor?

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A mortgagee rarely takes possession immediately upon default by the mortgagor for several reasons Legal Procedures and Requirements In many jurisdictions there are legal procedures and requirements th...View the full answer

The Law And Business Administration In Canada

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