Final answer:
When a bank forecloses on a condo, they can take ownership of the property and sell it. They may also take possession of the condo and any belongings left behind.
Step-by-step explanation:
When a bank forecloses on a condo, it typically means that the borrower has defaulted on their mortgage payments, and as a result, the bank has taken legal action to repossess the property.
Once the bank successfully forecloses on a condo, they take ownership of the property and can sell it to recoup the amount owed on the mortgage.
During the foreclosure process, the bank can take possession of the condo and any belongings that were left behind, but they cannot take any personal property that belongs to the previous owner.