Examlex
Which of the following is FALSE about the term discharge?
Party
A person or entity involved in a legal transaction or case; can also refer to one side of a contractual agreement.
Notice of Lien
A legal document filed to indicate that a claim of ownership has been placed on a property due to unpaid debts.
Period of Time
A specific duration characterized by a starting point and an ending point.
Equity of Redemption
The right of a borrower to reclaim property that is subject to a mortgage by repaying the debt before the foreclosure sale.
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