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Which if the following is NOT a major theme of this textbook?
Legal Title
Legal title is the formal right of ownership of property, recognized and protected by law, which may be distinct from the actual possession or use of the property.
Forfeiture
The loss of property or rights as a penalty for wrongdoing, often related to criminal activity or breaches of contract.
Missed Payment
Failure to make a scheduled payment on a loan or other financial obligation by the due date.
Strict Foreclosure
A legal process by which a secured lender can take possession of the collateral property without the need to sell it, typically when the value of the collateral is less than the debt owed.
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