Massachusetts General Laws ch. 244 sec. 39 – Redemption generally
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Section 39. The mortgagor or his assigns may redeem the land in like manner and upon like terms as if held by any other mortgagee, and the payment or performance of the condition shall be made or tendered to the state treasurer.
Terms Used In Massachusetts General Laws ch. 244 sec. 39
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.