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 Anglais glossaire

deed-in-lieu

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. (greenuniv)
deed-in-lieu
: 3 phrases, 3 sujets
Finances1
Immobilier1
Loi1