2007 19 3 I mortgage 1 mortgage legal title title theory lien theory title theory legal title equity of redemption 2 3 II foreclosure equity of redemption 1 Baxter Dunaway, The Law of Distressed Real Estate, Foreclosure Workouts Procedures (Clark Boardman Company, 1989), App.9A Melissa S. Kollen, Buying Real Estate Foreclosures (McGraw-Hill, Inc.1992),5 74 (1998 ) 102 2 E. Randolph Tucker (ed.), Massachusetts Real Estate Liens (2001, First Supplement 2005) 2.1. title theory lien theory title theory 1991 854 3-1 -
4 Foreclosure by Entry open and peaceable entry possession recover certificate of entry registry of deeds 3 peaceably Massachusetts State General Laws Mass.Gen.L. ch. 244, 1 2 Foreclosure by Exercise of Power of Sale statutory power of sale Mass.Gen.L.ch.183, 21 Mass.Gen.L.ch.183, 21, ch.244, 14 Foreclosure by Action Mass.Gen.L.ch 244, 1 3-10 Foreclosure by Filing a Bill in Equity Land Court Mass.Gen.L.ch 185, 1(K) 4 5 4 2006 2007 3 Keyles (ed.), Foreclosure Law & Related Remedies, A State-by-State Digest (Section of Real Property, Probate and Trust Law, American Bar Association,1995), 258, 260, 263 ( 1990 2007 3 ) 5 Keyles (ed.), supra note 4, 260, 261 Tucker (ed.), supra note 2, 2.6.1-2 -
3 6 Servicemembers Civil Relief Act, 50 U.S.C.A. 501-596 2003 The Soldiers and Sailors Civil Relief Act of 1940 7 III IV V III 1 Servicemembers Civil Relief Act, 50 U.S.C. 501-596 Soldiers and Sailors Civil Relief Act of 1940 3 50 U.S.C. 532 8 9 2 6 Mass.Gen.L.ch 244, 1 3 Tucker (ed.), supra note 2, 2.6.14 3 7 Keyles (ed.), supra note 4, 258, 260. 8 Tucker ed. supra note 2, 2-20. 9 Keyles (ed.), supra note 4, 258. Land Court -3 -
Servicemembers Civil Relief Act Land Court 10 Superior Court 11 Land Court 12 255 13 foreclose 3 order of notice return date 6 14 1 15 II IV 3 Servicemembers Civil Relief Act 2006 Land Court 19,847 16 2 3 99.9 6 10 Land Courttax lien http://www.mass.gov/courts/courtsandjudges/courts/landcourt/ 11 Superior Court County 12 Keyles (ed.), supra note 4, 259. 13 Land Court 14 Land Court Keyles (ed.), supra note 4, 259 15 Keyles (ed.), supra note 4, 259, Land Court 16 Land Court Subprime Lender 2007 3-4 -
6 17 18 1980 90 1 19 Land Court 20 Servicemembers Civil Relief Act IV statutory power of sale Mass.Gen.L.ch.183, 21 Mass.Gen.L.ch.183, 21, ch.244, 14 III Servicemembers Civil Relief Act 1990 5 12 21 2007 3 17 18 Superior Court IV 2(2) Automatic Stay 1980 19 1980 4 NBL718 (2001 )37 V Soldiers and Sailors Civil Relief Act 20 21 Keyles (ed.), supra note 4, 260. -5 -
45 90 22 2 3 23 III 255 24 auctioneer 25 26 public auction Mass.Gen.L.ch 244, 14 3 1 27 21 30 14 30 14 superior court injunction 22 23 24 Keyles (ed.), supra note 4, 261 25 Keyles (ed.), supra note 4, 261 26 27 Boston Globe Boston Herald 1 30-6 -
appraisal 28 Durrett Case Durrett v. Washington National Insurance Company 5 1980 621 F.2d 201,5th Cir. 1980 29 fraudulent transfer 11 U.S.C. 548(a)(1)(B) 101(54) 70 1994 5 BEP v. Resolution Trust Corp., 114 S. Ct. 1757 (1994) Durrett Case 30 title search examiner examiner engineer 31 28 Keyles (ed.), supra note 4, 264. 29 ( 1996 )166 30 Keyles (ed.), supra note 4, introduction xv. 31-7 -
(receiver) (Receivership) 32 33 licensed auctioneer Mass.Gen.L.ch 183, 21 34 II 5 20 10 35 70 32 Keyles (ed.), supra note 4, 266. 33 Tucker (ed.), supra note 2, 2.6.10 34 Tucker (ed.), supra note 2, 2.6.16 35-8 -
complete the purchase Mass.Gen.L.ch244 14 person selling affidavit county or district deed registry Mass.Gen.L.ch244 15 power of sale power of sale Mass.Gen.L.ch244 15 title title 30 title Mass.Gen.L.ch244 15A power of sale 21 notice of intention to foreclose and of deficiency after foreclosure of mortgage 30 affidavit Mass.Gen.L.ch 244, 17B 36 36 One-Action Rule Keyles (ed.), supra note -9 -
2 Mass.Gen.L.ch 244, 17A Mass.Gen.L.ch 244, 18 Mass.Gen.L.ch 244, 18 7 2007 3 27 Boston Globe Secretary of State William F. Galvin 37 5 9 38 Deval Patrick home owners 2 V 4, 257 37 38 http://realtytimes.com/rtpages/20070509_statedelay.htm - 10 -
possession recover Mass.Gen.L.ch 244, 1 statutory power of sale Mass.Gen.L.ch183 21 39 II Mass.Gen.L.ch 244, 8 Mass.Gen.L.ch 244, 4 entitled to possession conditional judgment upon verdict or otherwise Mass.Gen.L.ch 244, 3 2 Mass.Gen.L.ch 244, 5 Mass.Gen.L.ch 244, 6 power of sale 39 Keyles (ed.), supra note 2, 258. -11 -