Finance
Under Massachusetts foreclosure law, a borrower has a 'right of redemption' before the foreclosure sale. This means:
AThe borrower can always get the property back after the sale
BThe borrower can stop the foreclosure by paying all amounts due before the sale✓ Correct
CThe borrower can redeem the property from the buyer within 1 year
DThe right of redemption applies only to tax sales
Explanation
Massachusetts provides an equitable right of redemption before a foreclosure sale—the borrower can prevent the foreclosure by paying the full amount owed (including arrears and costs) up until the foreclosure sale occurs.
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