Ffelecity
contestada

Which statement is FALSE about the process of foreclosure on a land contract?

A) Grace period is determined by the equity of the vendee
B) Vendor does not have to record anything except the completion of forfeiture
C) Vendor sends completion of forfeiture after the grace period is up and vendee has not brought the loan current
D) Vendee default and vendor sends and records a notice of intent to forfeit