Preforeclosure requirements in event of condo conversion

[David F.]

A preforeclosure period of 120 days is required before a lender can enter foreclosure for lack of payment.  Rather than that, if a loan is called because the property underwent a condo conversion (apartments into condos) or subdivision process without the lenders awareness/approval, would they still be required to offer a preforeclosure period before being able to foreclose, as is the case for lack of payment?