§21.12 - Postsale Transfers
| Jurisdiction | Washington |
§21.12 POSTSALE TRANSFERS
As a result of the nonjudicial sale procedure, the trustee sells the property free and clear of all subsequent liens and interests. Directly after the sale, the trustee should obtain a "down date" on its foreclosure report or guarantee from a title insurance company to ensure that there are no intervening actions, bankruptcy, or other items affecting the title. As a result of the sale, the trustee conveys the grantor's interest free of liens or interests arising subsequent...
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