Right Of Redemption
Legal definition for Indian law research
Definition
right of redemption
:the right to regain ownership of property by freeing it from a debt, charge, or lien (as by paying to the creditor what is due to release the secured property)
;specif
: a mortgagor's statutory right to redeem after a judicial foreclosure and sale
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.