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Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 DEF

The process by which the holder of a mortgage seizes the property of a homeowner who has not made interest and/or principal payments on time as stipulated in the mortgage contract.  2, record 1, English, - foreclosure

Record number: 1, Textual support number: 1 CONT

Foreclosure results in a loss for the lender and is obviously quite detrimental to the borrower; as a result, it is the last resort. Most of the time, lenders attempt to work with the borrower to come up with a better solution, such as extending the repayment period in order to lower payments.  2, record 1, English, - foreclosure

Record 1,  Textual support,  French

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 OBS

foreclosure : A legal proceeding to terminate a mortgagor's interest in property, instituted by the lender(the mortgagee) either to gain title or to force a sale in order to satisfy the unpaid debt secured by the property.  2, record 2, English, - action%20for%20foreclosure

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 OBS

action en forclusion : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  2, record 2, French, - action%20en%20forclusion

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

There is no doubt that under a common-law mortgage the debt did not become extinguished by a foreclosure order. As is well known the old mortgage, which has been known for hundreds of years, was a conveyance of the land to the mortgagee, subject to certain rights on the part of the mortgagor. If the mortgagor failed to pay according to the terms of the mortgage he lost his rights and the mortgagee became the absolute owner of the lands without more.  3, record 3, English, - common%2Dlaw%20mortgage

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 OBS

Ne pas confondre les termes «hypothèque en common law» et «hypothèque de common law». Le terme «hypothèque en common law» désigne l'hypothèque telle qu'elle était conçue par le régime de la common law, avant que les dispositions législatives ne la privent d'effet dans ses principaux attributs ou encore plus anciennement, avant que l'equity ne la modifie considérablement dans son essence. L'hypothèque en common law opérait le transfert du titre de propriété sous condition résolutoire, et le défaut par le débiteur de s'acquitter de ses obligations à la date prévue lui faisait perdre irrévocablement son titre. Le terme «hypothèque de common law» désigne l'hypothèque qui grève un titre en common law, par opposition à l'hypothèque qui grève un titre en equity.  2, record 3, French, - hypoth%C3%A8que%20en%20common%20law

Record number: 3, Textual support number: 2 OBS

hypothèque en common law : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).  3, record 3, French, - hypoth%C3%A8que%20en%20common%20law

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 CONT

In default of payment according to the report in a foreclosure action, a final order of foreclosure may, on a "ex parte" application, be granted against the party making default.  2, record 4, English, - final%20order%20of%20foreclosure

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 CONT

[...] il a été convenu que ladite somme de $16,000 serait remboursée à International Airport Industrial Park Limited dès exécution du rachat et enregistrement d'une ordonnance définitive de forclusion.  1, record 4, French, - ordonnance%20d%C3%A9finitive%20de%20forclusion

Record 4,  Textual support,  Spanish

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 CONT

An action for foreclosure can be brought by any mortgagee of property, whether he is the original mortgagee or an assignee, and whether he is a first or subsequent mortgagee. The effect of a foreclosure order absolute in an action brought by the first mortgagee is to make him the sale owner both at law and in equity, free from any subsequent mortgages...  3, record 5, English, - order%20for%20foreclosure

Record 5,  Textual support,  French

Record 5,  Textual support,  Spanish

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 DEF

A sale made without the consent or concurrence of the owner of the property by virtue of judicial process, such as a writ of execution or an order under a decree of foreclosure.  2, record 6, English, - forced%20sale

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 OBS

vente forcée. Le créancier qui a obtenu jugement contre son débiteur peut faire saisir et vendre [...] les biens meubles et immeubles de son débiteur [...] Dans les ventes judiciaires. Dans les cas [...] d'expropriation.  2, record 6, French, - vente%20forc%C3%A9e

Record 6,  Textual support,  Spanish