In the dynamic realm of real estate in Canada, the foreclosure and power of sale processes play a crucial role in ensuring the orderly resolution of financial disputes and the protection of both lenders and borrowers. In British Columbia, Canada, these processes are well-defined, providing a legal framework that governs the transfer of property ownership when a borrower defaults on mortgage payments.What is Foreclosure?Foreclosure is a legal process through which a lender seeks to recover the o [...]

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