Commercial Foreclosures (CT) | Practical Law

Commercial Foreclosures (CT) | Practical Law

A Practice Note discussing commercial foreclosure procedures under Connecticut law. This Note describes the two available processes in Connecticut for judicial foreclosures of real property secured by mortgages, including foreclosure by sale and strict foreclosure. This Note also addresses deficiency judgments, redemption related issues, and post-sale foreclosure requirements.

Commercial Foreclosures (CT)

Practical Law Practice Note w-009-9256 (Approx. 20 pages)

Commercial Foreclosures (CT)

by Brian D. Rich, Barclay Damon LLP, with Practical Law Real Estate
Law stated as of 27 Mar 2023Connecticut
A Practice Note discussing commercial foreclosure procedures under Connecticut law. This Note describes the two available processes in Connecticut for judicial foreclosures of real property secured by mortgages, including foreclosure by sale and strict foreclosure. This Note also addresses deficiency judgments, redemption related issues, and post-sale foreclosure requirements.