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Code · CFR · Title 24 — Housing and Urban Development · Part 234 — Condominium Ownership Mortgage Insurance · § 234.262

§ 234.262. Exception to deed in lieu of foreclosure.

52 words·~1 min read·/us/cfr/t24/s§ 234.262·

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All of the provisions of § 203.357 of this chapter relating to acceptance of a deed in lieu of foreclosure shall apply to mortgages insured under this part only if the mortgagee establishes to the satisfaction of the Commissioner that there are no unpaid assessments owed the Association or Cooperative of Owners.
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