Escrow & Title
Which type of foreclosure does NOT require court proceedings in most cases?
AJudicial foreclosure
BNon-judicial foreclosure (foreclosure by power of sale)✓ Correct
CStrict foreclosure
DTax sale foreclosure
Explanation
Non-judicial foreclosure (foreclosure by power of sale) uses the power of sale clause in the deed of trust to foreclose without court supervision. It is typically faster and less expensive than judicial foreclosure.
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