Difference between revisions of "Forfeiture"

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(New page: A forfeiture is a cancellation. Most commonly a forfeiture is a legal action whereby a contract purchaser following default loses all his interest in the property. [[category:legal term...)
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Revision as of 22:58, July 11, 2007

A forfeiture is a cancellation.

Most commonly a forfeiture is a legal action whereby a contract purchaser following default loses all his interest in the property.