Definitions from Wikipedia (Deed in lieu of foreclosure)
▸ noun: A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.
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▸ noun: A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.
▸ Words similar to Deed in lieu of foreclosure
▸ Usage examples for Deed in lieu of foreclosure
▸ Idioms related to Deed in lieu of foreclosure
▸ Wikipedia articles (New!)
▸ Words that often appear near Deed in lieu of foreclosure
▸ Rhymes of Deed in lieu of foreclosure
▸ Invented words related to Deed in lieu of foreclosure