Massachusetts General Laws ch. 206 sec. 12 – Realty held in mortgage or on execution; manner of sale
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Section 12. Real estate held by an executor or administrator in mortgage, or taken on execution by him, may, at any time before the right of redemption is foreclosed, be sold subject to such right, in the same manner as personal property of a person deceased; and after such right has been foreclosed, it may be sold in the same manner as real estate of which the deceased died seized.
Terms Used In Massachusetts General Laws ch. 206 sec. 12
- Executor: A male person named in a will to carry out the decedent
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Personal property: All property that is not real property.