Pre-foreclosure Sale Law and Legal Definition
Pre-foreclosure sale (PFS) is a procedure where in the borrower can sell a property for an amount less than what is owed on it so as to avoid foreclosure. The procedure of pre-foreclosure sale satisfies the borrower’s debt.
Legal Definition list
- Pre-existing Supplementary Safety Measure
- Pre-existing Modified Supplementary Safety Measure
- Pre-existing Medical Condition
- Pre-Existing Business Relationship
- Pre-Enactment Interest
- Pre-foreclosure Sale
- Pre-Hearings[Securities Dispute Resolution]
- Pre-Inspection (Immigration)
- Pre-Issuance Accrued Interest [Internal Revenue]
- Pre-Kindergarten
- Pre-License Application Phase