[WSBARP] Holder of Note - no need to assign DOT

[Robert Ordal]

Eric

Well, it seems to me that there's no requirement to record a deed or a deed of trust, you do that to use the recording act to protect yourself against third party claims.  A fortiori, you don't have to record an assignment of a deed of trust.  Today's case, attached, cites the usual language that the deed of trust follows the debt.

Bob

From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Eric Nelsen
Sent: Monday, April 18, 2016 2:40 PM
To: WSBA Real Property listserve (wsbarp at lists.wsbarppt.com) <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] Holder of Note - no need to assign DOT

Does anyone have the case law at their fingertips that holds that, if the Note is assigned, there is no requirement to record an assignment of the DOT securing it?

Sincerely,

Eric

Eric C. Nelsen
SAYRE LAW OFFICES, PLLC
1320 University St
Seattle WA  98101-2837
phone 206-625-0092
fax 206-625-9040

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