A legal process used by a lender to force the sale of land when the borrower stops making mortgage payments. The proceeds of the sale are used to pay the lender the outstanding balance of the mortgage, and in many cases, the lenders legal costs.
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Fax: 780-467-6428
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PO Box 1162
Yellowknife, NT X1A 2N8
Phone: 867-873-2000
Fax: 780-467-6428
www.ntlawyers.ca
