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Foreclosure of chattel mortgages (mortgage of movable property) are governed by Sec. 14 of Act No. 1506, which gives the mortgagee the right to sell the chattel at a public sale. It has also been held that as regards chattel mortgages, the law does not prohibit that the foreclosure sale be done privately if it is agreed upon by the parties. [49]
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
Soledad is a city in Monterey County, California, United States. It is in the Salinas Valley , 21 miles (34 km) southeast of Salinas , the county seat . [ 6 ] [ 8 ] Soledad's population was 24,925 at the 2020 census , [ 7 ] down from 25,738 in 2010 .
America's home foreclosure crisis may have faded from the front-page headlines, but that doesn't mean the problem has gone away. Consider the situation in Modesto, California, a city of more than ...
A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...
It was formed in 1866 when Tejon Township was divided between Los Angeles and the new Kern County. Soledad Township was the county's most extensive but least populated township. It stretched from the San Gabriel and Santa Susana Mountains to the Kern County line and was centered on Soledad Canyon. [1] In 1870, the township had a population of ...
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