# Mortgage Foreclosure

**IRI:** https://folio.openlegalstandard.org/R7gzXxHYGOLSEudb6n1QFWm

## Labels

**Preferred Label:** Foreclosure Claim

**Translations:**

- de-de: Hypotheken Zwangsvollstreckung
- en-gb: Mortgage Repossession
- es-es: Ejecución Hipotecaria
- es-mx: Ejecución Hipotecaria
- fr-fr: Saisie immobilière
- he-il: מימוש משכנתא
- hi-in: ऋण अधिकार जब्ती
- ja-jp: 抵当フォアクロージャー
- pt-br: Execução hipotecária
- zh-cn: 抵押清偿

## Definition

The concept of Mortgage Foreclosure refers to the legal process by which a lender takes possession of a property when the borrower fails to make mortgage payments, and sells it to recover the outstanding debt.

## Sub Class Of

- https://folio.openlegalstandard.org/RDSBerlLWg1ntpLqDQn1eVn
- https://folio.openlegalstandard.org/RsCr2ffuxk4pqU5CQ8SAxq

## See Also

- https://folio.openlegalstandard.org/RUhSbbDJZa8Crs3tIWcIfV
- https://folio.openlegalstandard.org/RhceZsFaOSAIBa7BX1vpbF

**Deprecated:** False