(Download) "First State Bank of forsyth v. Chunkapura" by Supreme Court of Montana * eBook PDF Kindle ePub Free
eBook details
- Title: First State Bank of forsyth v. Chunkapura
- Author : Supreme Court of Montana
- Release Date : January 10, 1987
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 72 KB
Description
We hold in this case that a lender, electing to foreclose on its security under a trust deed by judicial procedure, is not entitled to remedies inconsistent with the Small Tract Financing Act of Montana, Title 71, Chapter 1, Part 3, MCA. Specifically, the lender (mortgagee) may not recover a deficiency judgment against the borrower (mortgagor), and the borrower has no right of redemption as is accorded borrowers in judicial foreclosures of conventional mortgages.
 "First State Bank of forsyth v. Chunkapura" by Supreme Court of Montana * eBook PDF Kindle ePub Free){kind=link}