Foreclosure
Anti-Deficiency Protection
A concise definition for the California Real Estate Exam study guide.
Definition
California anti-deficiency rules can restrict a lender's ability to recover an unpaid balance after foreclosure. The result depends on the loan, foreclosure method, and applicable statute; do not assume every foreclosure has the same outcome.
Why it matters on the California real estate exam
Know the definition, recognize how the term appears in a fact pattern, and compare it with related concepts before choosing an answer.
Study this topic in context
Read the related chapter for the surrounding concepts, examples, and exam tips.
Chapter 10: Foreclosure & Distressed Property →