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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='font-family:"Times New Roman","serif";color:#1F497D'>For a nonjudicial foreclosure 61.24.050(1) says if the trustee accepts a bid then the sale is final as of the date of acceptance of bid so long as the trustee’s deed is recorded within 15 days. <o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman","serif";color:#1F497D'>If no trustee deed is recorded within 15 days then the sale isn’t final.<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman","serif";color:#1F497D'>If the sale is voided for some reason the trustee has to send Notice of Rescission of Trustee’s Sale, but this doesn’t have to be recorded.<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman","serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman","serif";color:#1F497D'>If the sale is discontinued then the trustee records a notice of discontinuance under 61.24.090<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman","serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Times New Roman","serif";color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Richard Holland<br><b>Sent:</b> Wednesday, July 20, 2016 9:15 AM<br><b>To:</b> WSBA Real Property Listserv<br><b>Subject:</b> [WSBARP] Post FC sale issue<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>So here’s an odd one. I just was contacted by a client who wanted to know what happens in the following situation:<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>There is a foreclosure. (Not sure if it was judicial or not but I have requested all documentation they can give me).<o:p></o:p></p><p class=MsoNormal>There is a sale.<o:p></o:p></p><p class=MsoNormal>Confirmation of sale is provided to the client – but I am not sure if that was an email or an actual document.<o:p></o:p></p><p class=MsoNormal>No foreclosure deed (again, not sure if Sheriff’s or Trustee’s at this point) is ever even drafted let alone recorded because “they closed up shop”. ‘They’ apparently being the law firm.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I am getting documentation, as I said, but I am wondering if there is a time limit, particularly with a trustee’s sale, within which the trustee MUST convey. We are talking <i>months</i> have passed. And if the ‘worst’ applies, does the entire FC have to be restarted?<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Sincerely,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Richard L. Holland<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><img width=175 height=78 id="Picture_x0020_3" src="cid:image001.jpg@01D1E26B.3FB77220" alt=logo-for-print.jpg><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:10.0pt'>733 7th Avenue, Suite 110<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt'>Kirkland, WA 98033<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt'>425-836-6240 / 425-748-3901 (fax)<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:9.0pt'>The information contained in this communication, and in any attached document(s), is privileged and/or confidential, intended solely for the individual/entity to whom/which it was sent. If you are not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this information is strictly prohibited. If you have received this email in error, please notify me immediately at the email address, mailing address, or telephone or fax number above.<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>