Delaware · Through 2026-08-10 (85 Del. Laws, c. 421, 424) · Newer source version available

31 Del. C. § 4025: Subordination of mortgage to agreement with government.

Where this section sits in the code

Title 31. Welfare
Housing and Slum Clearance
CHAPTER 40. The Delaware State Housing Authority
Subchapter II. Delaware State Housing Authority

DSHA may agree in any mortgage made by it that such mortgage shall be subordinate to a contract for the supervision by a government of the operation and maintenance of the mortgaged property and the construction of improvements thereon. In such event, any purchase or purchasers at a sale of the property of DSHA pursuant to a foreclosure of such mortgage or any other remedy in connection therewith shall obtain title subject to such contract.

Collected 2026-09-05T23:02:36Z. Source file · JSON

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