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California Real Estate Exam

Category - Vocab

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A type of foreclosure proceeding used in some states that is handled as a civil lawsuit and conducted entirely under the auspices of a court is called:

a legal foreclosure
a court-appointed foreclosure
a judicial foreclosure
a civil foreclosure

Explanation

Answer: C. A type of foreclosure proceeding used in some states that is handled as a civil lawsuit and conducted entirely under the auspices of a court is called a judicial foreclosure.

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