Welcome to the 1520 Perfect Dictionary
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| Foreclosure | |
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| FORECLOSURE Definition: (finance) The act of foreclosing on money that has been borrowed (= to take control of somebody's property because they have not paid back money that they borrowed to buy it); an example of this. ______________________________________________________________________ * All four elements should be in. 1. Purposeful and necessary, in the opinion of money lender. 2. Act takes place according to the terms of the mortgage or in line with the conditions in an agreement. ___________________ a. b. c. d. e. f. g. _________________________________ See perfect INDEBTEDNESS (2). 3. Property is, on repossession, in good condition - its renovation or cost of restoration will be minimal. 4. No negative issue such as a court case, fisticuffs that will lead to an injury, etc., arises in the process. ____________________________________ See perfect REPOSSESSION (2). | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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