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Danielle Fisher
on Nov 23, 2024

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Bondi gave a mortgage to Dante on a parcel of land (located in Ontario), which he owned. Bondi later sold the mortgaged land to Green. Green, some time later, sold the land to Jones. Jones defaulted on payment of the mortgage. Dante would be entitled to sell the land when Jones defaulted on the payment.

Entitled to Sell

Having the legal right or authorization to sell a particular property or item.

Defaulted

Refers to the failure to meet the legal obligations of a debt, such as not making scheduled loan payments.

  • Absorb the intricacies and aftermaths of mortgage failure, with a focus on foreclosure proceedings and opportunities for those holding mortgages.
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NK
NILESH KUMARNov 24, 2024
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