ter defaulting on mortgage payments but prior to foreclosure, the mortgagor has the right to...

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Accounting

ter defaulting on mortgage payments but prior to foreclosure, the mortgagor has the right to redeem his or her interest in the mortgaged property by paying the money owed the er. What term is used for this right?
a) Statutory right of redemption
o) Right of defeasance
c) Equity of redemption
d) Release of mortgage
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