Lieu is French for place, so it means "time in place."
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In Lieu means, in place ofsome employee take time off work equal amount of overtime they have worked instead of paying them .this is mean.
Majority of the time it depends on the investor of your loan as well as the company that services the mortgage. Most companies will require that you have deed in lieu paper work submitted a certain amount of time before a foreclosure sale.
Any transaction can be initiated by either party, but the signatures of both will be required on the deed-in-lieu agreement and property transfer documents.
yes.
Yes.