If the owner decides to sell, the new buyer must pay the full purchase price listed on the deed card. Because the title is held by the bank, the owner lacks the legal authority to sell it to another player.
Understanding the Rules for Trading and Unmortgaging Properties
Any attempt to negotiate a private sale for a mortgaged property is strictly against the official rules. The property itself is turned face down, and no rent can be collected on it until it is unmortgaged.
Acquiring the Property: Purchase vs. In a trade involving a recently unmortgaged property, it is common for the buyer to provide the cash needed to cover the mortgage payoff as part of the deal.
How to Unlock Mortgaged Properties in Monopoly Game
To reverse the mortgage, the owner must pay the bank the full amount they originally received when they signed the property over, plus an additional 10% interest. Alternatively, if both parties agree, the property can be traded.
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