[WSBARP] SOL Calculation for Foreclosure Action

Tom J. Westbrook tjw at w3net.net
Tue May 26 13:05:29 PDT 2015


Oscar,

 

The SOL on a written agreement (promissory note or deed of trust) is 6 years from date of default.

 

http://apps.leg.wa.gov/rcw/default.aspx?cite=4.16.040 

 

Sincerely,

 

Tom

 

Thomas J. Westbrook

Attorney at Law

 

 

Rodgers, Kee & Card, P.S.

324 West Bay Drive NW, Suite 201

Olympia, Washington  98502

 

Phone: 360-352-8311

Facsimile: 360-352-8501

Email: tjw at buddbaylaw.com

Skype: thomas.westbrook

www.buddbaylaw.com

 

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From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Oscar Yang, Esq.
Sent: Tuesday, May 26, 2015 12:31 PM
To: WSBA Real Property Listserv
Subject: [WSBARP] SOL Calculation for Foreclosure Action

 

Dear Listmates:

 

I know in another state, there were some debates on when the SOL should start running for foreclosure actions (for example,  among the last payment date by the borrower, the acceleration payment date, the first date to fail to make a full monthly payment, etc).   What date does WA use to calculate the SOL of a foreclosure action?  Many foreclosure actions that I have seen are well within the SOL period, but I still want to calculate it correctly.  I apologize if this question sounds too basic.

 

Kind regards,

Oscar Yang

Managing Attorney

ES BERRY LAW PC 

 

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