Last reviewed 05-15-2026Short-Sale.com Editorialglossary
Deed in lieu of foreclosure
Short-Sale.com Editorial
Updated 05-15-2026
Deed in lieu of foreclosure
A deed in lieu means voluntarily transferring title to the secured party to satisfy the debt—subject to investor eligibility, junior lien releases, and written agreements about deficiency or cash-for-keys terms when applicable.
Legacy MDX glossary
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