deed in lieu
基本解释
- 代替取消贖還法律手續的契約
英汉例句
- After a deed-in-lieu of foreclosure, preforeclosure sale, or short sale, there is a mandatory waiting period of two years for a loan with an 80% maximum LTV (loan-to-value ratio), or four years for a loan with a 90% LTV.
FORBES: Getting A Mortgage After Short Sale or Foreclosure