§ 4969. Failure of sale; resale
If the purchaser does not pay the balance of the purchase price according to the terms of the sale, and at the option of the mortgagee, the down payment, if any, shall be forfeited and the foreclosure sale shall be void. (Added 2011, No. 102 (Adj. Sess.), § 1.)
Structure Vermont Statutes
Chapter 172 - Foreclosure of Mortgages
§ 4932. Venue; joinder of parties; recording
§ 4934. Supplemental judgment joining parties; recording
§ 4935. Taxes paid by mortgagee
§ 4936. Foreclosure of real or personal property
§ 4938. Effect on bankruptcy proceedings
§ 4941. Decree foreclosing equity of redemption; writ of possession
§ 4945. Judicial sale foreclosure
§ 4947. Foreclosure of equity of redemption; recording
§ 4948. Reinstatement of mortgage prior to sale
§ 4949. Mortgagor’s redemption prior to judicial sale
§ 4953. Conduct and location of sale
§ 4954. Procedure following sale
§ 4961. Power of nonjudicial sale
§ 4962. Notice of intention to foreclose
§ 4963. Publication of notice of sale
§ 4966. Conduct and location of sale
§ 4967. Recording following sale
§ 4969. Failure of sale; resale