---
title: Right of Redemption
description: Right of redemption is the legal right of any borrower who owns real estate to reclaim his or her property.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Right of Redemption](https://www.realized1031.com/glossary/right-of-redemption)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 22, 2022 2:32:00 PM

Right of redemption is the legal right of any borrower who owns real estate to reclaim his or her property, given that the owner has paid off the necessary obligation or lien that caused the foreclosure to begin with.

[View full post](https://www.realized1031.com/glossary/right-of-redemption)

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