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Oklahoma redemption period is:

Correct Answer

B) None if abandoned, otherwise varies

OK redemption depends on circumstances.

Answer Options
A
No redemption
B
None if abandoned, otherwise varies
C
1 year
D
6 months
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Related Topics & Key Terms

Related Topics:

foreclosure-processstate-specific-real-estate-lawsborrower-rights-during-default

Key Terms:

Oklahoma redemption periodstatutory redemptionabandonmentforeclosure12 O.S. § 686

Related Concepts

Foreclosure is the legal process by which a lender takes possession of a property when a borrower fails to make mortgage payments. It allows the lender to sell the property to recover the outstanding debt.

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