单词 | antideficiency legislation |
释义 | antideficiency legislationantideficiency legislationLaws in some states that protect consumers from deficiency judgments after foreclosure of a purchase-money mortgage on residential real estate.The lender may take the real property in satisfaction of the debt. If the property is worth less than the debt at that time,the lender suffers the loss and may not sue the borrower for the difference. |
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