Real Estate
Foreclosure / Mortgage Enforcement
Procedure for a mortgagee to auction the mortgaged property for priority repayment (Civil Code Art. 369, Civil Execution Act Art. 180). Voluntary sale is a common alternative to foreclosure.
Statute Reference
民法369条・民事執行法180条
FAQ
Q. What does Foreclosure / Mortgage Enforcement mean?
Procedure for a mortgagee to auction the mortgaged property for priority repayment (Civil Code Art. 369, Civil Execution Act Art. 180). Voluntary sale is a common alternative to foreclosure.
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