In actions of foreclosure, when a judgment of strict foreclosure is rendered and there are subsequent encumbrances, the judgment may provide that, upon the payment of the debt and costs by any encumbrancer, after all subsequent parties in interest have been foreclosed, the title to the property shall vest absolutely in such encumbrancer making such payment, subject to such unpaid encumbrances, if any, as precede him.
Conn. Gen. Stat. § 49-19
Title to vest in encumbrancer paying debt and costs
Applied in 1 court decision — leading case Federal National Mortgage Ass'n v. Fitzgerald (In Re Fitzgerald) (1999)
Most recently applied in Federal National Mortgage Ass'n v. Fitzgerald (In Re Fitzgerald) (August 1999)
(1949 Rev., S. 7200.)
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.