[WSBARP] Title Issue

Wed May 21 10:58:51 PDT 2025

Yes, a quiet title action is your next action. If you can get a hold of any one authorized to act for the Beneficiary (winding up the business), you can likely get them to sign a reconveyance and then you can substitute yourself for the Trustee and reconvey if you are persuaded the Note has been paid.  

Jim

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From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Jan Kelly
Sent: Wednesday, May 21, 2025 10:44 AM
To: solo-and-small-practice-section at list.wsba.org; wsbarp at lists.wsbarppt.com
Subject: [WSBARP] Title Issue

Good morning,

PC making offer on a house, but there are 2 Deeds of Trust from 2005 and no reconveyances recorded. I have seen this many times, and was able to contact a lender to have a reconveyance recorded. Here, the trustee is out of business (as of 2008). The Deeds of Trust do not indicate a maturity date. The title company said they will remove them from the title report, and said it will not be an issue for resale if they use the same title company (assuming the company is in business).

PC wants to know what the process would be to remove the liens permanently.  First option is to track down the parties to the liens, but if that fails, is a quiet title action the next option? This is a little out of my area.  Does anyone have advice? Thank you 😊 

Jan Kelly, JD, MBA
Attorney at Law

JK Law
PO Box 1964
Poulsbo, WA 98370
Direct Line (702) 338-6733

Licensed in Nevada and Washington.

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