Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 187329
                    [Title] => Who owns the foreclosed property during the redemption period: The mortgagor or the successful bidder?
                    [Summary] => A recurring question is often asked: after foreclosure proceedings and during the redemption period, who owns the foreclosed property?  Is it the mortgagor or the successful bidder?   The question is asked because a view is expressed to the effect that the successful bidder acquires ownership of the property subject to a resolutory condition, i.e., the right of the mortgagor or other redemptioner to extinguish the bidder’s ownership by redeeming the property.


                    [DatePublished] => 2002-12-10 00:00:00
                    [ColumnID] => 133241
                    [Focus] => 0
                    [AuthorID] => 1325546
                    [AuthorName] => Francis Lim
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

MORTGAGOR

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 187329
                    [Title] => Who owns the foreclosed property during the redemption period: The mortgagor or the successful bidder?
                    [Summary] => A recurring question is often asked: after foreclosure proceedings and during the redemption period, who owns the foreclosed property?  Is it the mortgagor or the successful bidder?   The question is asked because a view is expressed to the effect that the successful bidder acquires ownership of the property subject to a resolutory condition, i.e., the right of the mortgagor or other redemptioner to extinguish the bidder’s ownership by redeeming the property.


                    [DatePublished] => 2002-12-10 00:00:00
                    [ColumnID] => 133241
                    [Focus] => 0
                    [AuthorID] => 1325546
                    [AuthorName] => Francis Lim
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Who owns the foreclosed property during the redemption period: The mortgagor or the successful bidder?

By Francis Lim | December 10, 2002 - 12:00am

A recurring question is often asked: after foreclosure proceedings and during the redemption period, who owns the foreclosed property? Is it the mortgagor or the successful bidder? The question is asked because...

Business