Section 34-11-22

Citation: Section 34-11-22
Parent Document: Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Jurisdiction: Rhode Island (state)
Effective Date: 1999-07-26
Original Source: https://www.courtlistener.com/opinion/4112745/foley-v-osborne-court-condomini... ↗

Other Sections in This Document (39)

Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
Foley v. Osborne Court Condominium, 96-360 (1999) (1999)
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Full Text

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This statutory power provides a method of collecting debts and disposing of the property of another without application to the court. The statute permits the mortgagee to incorporate such a provision into its agreement with the mortgagor. This seemingly harsh and expeditious method of debt collection is based upon a contractual relationship between the parties. If the mortgagee does not incorporate the provision into the agreement, the power of sale does not apply.