24 CFR § 234.262 - Exception to deed in lieu of foreclosure.

---
identifier: "/us/cfr/t24/s234.262"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 234.262 - Exception to deed in lieu of foreclosure."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "234.262"
section_name: "Exception to deed in lieu of foreclosure."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR HOUSING—FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "B"
subchapter_name: "MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES"
part_number: "234"
part_name: "CONDOMINIUM OWNERSHIP MORTGAGE INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1715b and 1715y; 42 U.S.C. 3535(d)."
regulatory_source: "36 FR 24628, Dec. 22, 1971, unless otherwise noted."
cfr_part: "234"
---


# 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.