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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.


Definitions:

Incapacitated

A state where an individual is unable to make their own legal, financial, or health decisions due to physical or mental limitations.

Porsche Automobile

A brand of high-performance sports cars and SUVs manufactured by the German company Porsche AG.

Trade Unions

Organizations representing the collective interests of workers in negotiations with employers over wages, working conditions, and other employment matters.

Mentally Disabled

A condition that limits a person's cognitive, emotional, or behavioral functioning.

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