Finance
Connecticut uses a 'strict foreclosure' process, which means:
AThe lender must sell the property at auction immediately
BThe court can vest title directly in the lender if the borrower does not redeem within a set period✓ Correct
CForeclosure takes 30 days
DThe lender must compensate the borrower for any equity
Explanation
Connecticut is one of the few states that allows strict foreclosure, where the court sets a law day by which the borrower must redeem. If the borrower fails to redeem, title passes directly to the lender without a public sale.
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