A Foreclosure Sale Generally Has the Effect of Divesting and Terminating

question 54

True/False

A foreclosure sale generally has the effect of divesting and terminating all junior encumbrances on the real property.

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Definitions:

Account Representative

A professional tasked with managing and maintaining the relationship between a company and its clients or customers.

Core Principles

Fundamental beliefs or values that serve as the foundation for an individual's actions or an organization's policies.

Midas Touch

A metaphorical expression stemming from Greek mythology, describing the ability to succeed or turn everything one touches into a success.

Manipulation

The act of influencing or controlling someone or something to one's advantage, often in an unfair or deceitful way.