TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

REDEMPTION PERIOD [1 record]

Record 1 2015-09-18

English

Subject field(s)
  • PAJLO
  • Law of Security
DEF

The statutory period during which a defaulting mortgagor mayrecover property after a foreclosure or tax sale by paying the outstanding debt or charges. (Black's Law Dictionary, 8th Edition, p. 1304)

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

délai de rachat : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

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