Translation of "foreclosure" into Norwegian

tvangssalg, preklusjon are the top translations of "foreclosure" into Norwegian.

foreclosure noun grammar

(law) the proceeding, by a creditor, to regain property or other collateral following a default on mortgage payments [..]

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English-Norwegian dictionary

  • tvangssalg

    legal process in which a lender attempts to recover the balance of a loan from a borrower

    This is a list of homeowners in the area that are in the unfortunate position of facing foreclosure.

    Her er en liste over huseiere i området som risikerer tvangssalg.

  • preklusjon

    noun

    To shut out, to bar, to destroy an equity of redemption. A termination of all rights of the mortgagor or his grantee in the property covered by the mortgage. The process by which a mortgagor of real or personal property, or other owner of property subject to a lien, is deprived of his interest therein. Procedure by which mortgaged property is sold on default of mortgagor in satisfaction of mortgage debt. In common usage, refers to enforcement of lien, trust deed, or mortgage in any method provided by law. (Source: WESTS)

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Automatic translations of "foreclosure" into Norwegian

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Translations of "foreclosure" into Norwegian in sentences, translation memory