Vermont § 4945 - Judicial sale foreclosure

§ 4945. Judicial sale foreclosure

• (a) All liens and mortgages affecting real property may, on the written motion of any
  party to any suit for foreclosure of such liens or mortgages, or at the discretion
  of the court before which the foreclosure proceedings are pending, be foreclosed by
  a judicial foreclosure sale, even if the mortgage does not contain a sale provision
  instead of a strict foreclosure. (b) In an action for foreclosure, if a lien or interest in such realty is held by any
  person or federal agency which may not be foreclosed by strict foreclosure pursuant
  to federal law, a decree may be entered providing for such period of redemption as
  the court may determine, and providing for a sale of the mortgaged premises at the
  conclusion of such period if the premises are not redeemed, and for the time, manner,
  and notice of sale, if required, and the application of the proceeds therefrom. (Added 2011, No. 102 (Adj. Sess.), § 1.)