Transfer of property by foreclosure of a mortgage loan is
A) probate.
B) voluntary transfer.
C) illegal.
D) Involuntary transfer.

Foreclosure is a legal process where a lender takes possession of a property when the borrower defaults on their mortgage payments. This transfer is classified as an involuntary transfer, as it occurs without the consent of the property owner. Therefore, the correct answer is D) Involuntary transfer.
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Answered by Anonymous | 2025-07-04

Foreclosure is a legal process where a lender takes possession of a property due to missed mortgage payments. This transfer of property is classified as an involuntary transfer, as it occurs without the owner's consent. Thus, the correct answer is D) Involuntary transfer. ;

Answered by GinnyAnswer | 2025-07-04