Chapter 61.24 RCW

DEEDS OF TRUST

Sections
Definitions.
Borrower referred to mediationWhen.
Trustee, qualificationsSuccessor trustee.
Deeds subject to all mortgage lawsForeclosureRecording and indexingTrustee and beneficiary, separate entities, exception.
Application of federal servicemembers civil relief act to deeds of trust.
Notice to senior beneficiary of saleResidential, owner-occupiedProceeds of sale insufficient to pay in full obligationTimelineFailure of beneficiary to respond.
Requisites to trustee's sale.
Notice of default under RCW 61.24.030(8)Beneficiary's dutiesBorrower's options.
Model language for initial contact letter used by beneficiariesRules.
Foreclosure and saleNotice of sale.
Notice to guarantorContentsFailure to provide.
Requests for notice of sale.
Interest conveyed by trustee's deedSale is final if acceptance is properly recordedRedemption precluded after saleRescission of trustee's sale.
Rights and remedies of trustee's sale purchaserWritten notice to occupants or tenants.
Trustee's sale, who may bid atIf beneficiary is purchaserIf purchaser is not beneficiary.
Disposition of proceeds of saleNoticesSurplus funds.
Curing defaults before saleDiscontinuance of proceedingsNotice of discontinuanceExecution and acknowledgmentPayments tendered to trustee.
Deficiency judgmentsForeclosureTrustee's saleApplication of chapter.
Reconveyance by trustee.
Other foreclosure provisions preserved.
Failure to bring civil action to enjoin foreclosureNot a waiver of claims.
Restraint of sale by trusteeConditionsNotice.
Consumer protection actUnfair or deceptive acts or practices.
Assignment of rentsCollecting payment of rent.
Foreclosure of tenant-occupied propertyNotice of trustee's sale.
Foreclosure of tenant-occupied propertyNotice to vacate.
Housing counselorsGood faith duty to attempt resolutionResolution describedMediationLiability for civil damagesAnnual report.
Foreclosure mediation programTimelinesProceduresDuties and responsibilities of mediator, borrower, and beneficiaryFeesAnnual report.
Application of RCW 61.24.163.
Application of RCW 61.24.163 to federally insured depository institutionsAnnual application for exemption.
Department maintains list of approved foreclosure mediatorsTraining programMediator involvement in civil action.
Foreclosure fairness account createdUses.
Required payment for each property subject to notice of trustee's saleResidential real propertyExceptionsDeposit into foreclosure fairness account.
Deed of trust poolDuty of servicer to maximize net present value.
NOTES:
Possession of real property by trustee of deed of trust to collect rents and profits: RCW 7.28.230.