What does LU stand for on a deed?

Asked by Deb660, Stamford, CT Wed May 9, 2012

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Ralph Grasso, , Fairfield County, CT
Wed May 9, 2012
A deed in lieu of foreclosure is where you deed your property to the lender in exchange for being forgiven the entire amount of the mortgage.
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Laura Feghali, Agent, Stamford, CT
Wed May 9, 2012
Hi Deb,
Not sure without seeing it in context but could mean 'last updated"?

Please, feel free to contact me with any other questions.

Laura Feghali
Prudential Connecticut Realty
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