§ 234.262 - Exception to deed in lieu of foreclosure.

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§ 234.262 Exception to deed in lieu of foreclosure.

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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§ 234.262 - Exception to deed in lieu of foreclosure.

§ 234.262 Exception to deed in lieu of foreclosure.