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Here are the results for the letter f
- Foreclosure
- A legal procedure in which the lender gets ownership of the property if the borrower defaults on the mortgage loan.
- Freehold Interest
- A freehold interest (also known as a fee simple) is the more precise term for what we ordinarily refer to as 'ownership' of a property. The owner of the freehold interest has full use and control of the land and the buildings on it, subject to any rights of the Crown, local land-use bylaws and any other restrictions in place at the time of purchase.
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