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Description
The Transfer Pursuant to Purchase by Chargee in a Public Auction (Form LRA-61) is used when a chargee acquires property through a public auction following a borrower’s default. This form records the lawful transfer of ownership to the chargee after the auction process and ensures that the change in ownership is accurately reflected in the land register.
Transfer Pursuant to Purchase by Chargee in a Public Auction – Form LRA-61
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