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A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
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Known as the "Gem of the Brunswick Islands", [10] Ocean Isle Beach is located along the coastal corridor between Wilmington, North Carolina and Myrtle Beach, South Carolina. The beach runs east to west and offers a fishing pier, public boat launch facility, direct access to the Intracoastal Waterway, and beach paths every 500 feet (150 m).
The Outer Banks, separating the Atlantic Ocean (east) from Currituck Albemarle Sounds (north) and Pamlico Sound (south) The Outer Banks (frequently abbreviated OBX) are a 200 mi (320 km) string of barrier islands and spits off the coast of North Carolina and southeastern Virginia, on the east coast of the United States.
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South Carolina Coastal Council, 505 U.S. 1003 (1992), was a case in which the Supreme Court of the United States established the "total takings" test for evaluating whether a particular regulatory action constitutes a regulatory taking that requires compensation.
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