All liens and mortgages affecting real property may, on the written motion of any party to any suit relating thereto, be foreclosed (1) by a decree of sale instead of a strict foreclosure at the discretion of the court before which the foreclosure proceedings are pending, or (2) with respect to mortgages, as defined in section 49-24a , that are a first mortgage against the property, by a judgment of foreclosure by market sale upon the written motion of the mortgagee, as defined in section 49-24a , and with consent of the mortgagor, as defined in section 49-24a , in accordance with sections 49-24a to 49-24g , inclusive, and sections 49-26 to 49-28 , inclusive.
Conn. Gen. Stat. § 49-24
Court may foreclose lien or mortgage on land by sale or market sale
Applied in 5 court decisions — leading case Matter of St. Amant (1984)
Most recently applied in Federal National Mortgage Ass'n v. Fitzgerald (In Re Fitzgerald) (August 1999)
(1949 Rev., S. 7205; P.A. 14-84, S. 1; 14-217, S. 207; P.A. 16-65, S. 83.) History: P.A. 14-84 designated existing provision re decree of sale as Subdiv
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Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.