§ 53-263. Limits on borrowers’ liability.
For a reverse mortgage, the borrower’s liability is capped, and the lender may collect only by selling the property; the lender may not get a deficiency judgment.
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- United States — North Carolina
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- Act or statute
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- Undated source snapshot
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- en
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debt enforcement loan deficiency reverse mortgages
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§ 53-263. Limits on borrowers’ liability.
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