Real Estate FinancingHARDFREE

New Jersey's right of redemption after foreclosure sale is:

2:32
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Audio Lesson

Duration: 2:32

Question & Answer

Review the question and all answer choices

A

6 months

B

1 year

C

10 days

Correct Answer
D

No statutory redemption period

Why is this correct?

New Jersey has a very short 10-day right of redemption period after the foreclosure sale.

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