<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=Windows-1252">
<style type="text/css" style="display:none;"> P {margin-top:0;margin-bottom:0;} </style>
</head>
<body dir="ltr">
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);" class="elementToProof">
Maybe I missed something, but why not check with the Auditor records to see if the supposed "deed" was recorded that supports the deed of trust? </div>
<div id="appendonsend"></div>
<div id="Signature">
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<br>
</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
Sincerely,</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
Tom</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
Thomas J. Westbrook</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);" class="elementToProof">
Retired, Emeritus </div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<img style="width: 152px; height: 62px; max-width: 300px; min-width: auto; min-height: auto; margin: 0px;" height="62" width="152" id="x_x_x_x_x_Picture_x0020_2" data-outlook-trace="F:1|T:2" src="cid:d8c5c246-d109-49ff-b5b8-8e6be2e40dd4"></div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
324 West Bay Drive NW, Suite 201</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
Olympia, WA 98502</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
(360) 866-4000 phone</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
(360) 866--3832 fax</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: blue;">
<u><a style="color: blue; margin: 0px;" data-auth="NotApplicable" data-linkindex="0" title="http://www.buddbaylaw.com/" href="http://www.buddbaylaw.com/">www.buddbaylaw.com</a></u></div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
*formerly Rodgers Kee Card & Strophy, P.S.</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
</div>
<div style="text-align: left; text-indent: 0px; margin: 0in 0in 0.0001pt; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<i>The information contained in this email and attachment(s) are for the exclusive use of the addressee(s) and may contain private, privileged and/or confidential information. If you are not the addressee, you are strictly prohibited from reading, photocopying,
distributing or otherwise using this email or its contents in any way. If you have received this communication in error, please notify us immediately by telephone at 360-352-8311 or by e-mail to our receptionist at
</i><span style="color: blue;"><i><u><a style="color: blue; margin: 0px;" data-linkindex="1" title="mailto:reception@buddbaylaw.com" href="mailto:reception@buddbaylaw.com">reception@buddbaylaw.com</a></u></i></span><i>, and destroy the original message from
your electronic files.</i></div>
<div style="font-family: Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<br>
</div>
</div>
<div><br>
</div>
<div style="font-family: Calibri, Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<br>
</div>
<hr style="display: inline-block; width: 98%;">
<div style="font-family: Calibri, Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com> on behalf of Mark Anderson <marka@mbaesq.com><br>
<b>Sent:</b> Wednesday, January 21, 2026 12:59 PM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> Re: [WSBARP] Seller financed and transferring title prior to payoff...pitfalls?
</div>
<div style="font-family: Calibri, Arial, Helvetica, sans-serif; font-size: 12pt; color: rgb(0, 0, 0);">
<br>
</div>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);">Strange scenario – a real estate contract on the one hand AND a promissory note and deed of trust
on the other hand. Without knowing more specifics about any of these documents or repayment terms, here is my preliminary view on this.</span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);"> </span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);">Title may be transferred to the buyer by deed. In that case, the promissory note would still be unsatisfied
and payment under the promissory note would still be secured by the deed of trust. I would only do this on the following conditions:</span></p>
<ul style="margin-top: 0in; margin-bottom: 0in;">
<li style="font-family: Aptos, sans-serif; font-size: 12pt; color: rgb(0, 32, 96); margin: 0in;">
<span role="presentation" style="font-family: Arial, sans-serif; font-size: 10pt;">the promissory note has payment provisions similar to those contained in the real estate contract;</span></li><li style="font-family: Aptos, sans-serif; font-size: 12pt; color: rgb(0, 32, 96); margin: 0in;">
<span role="presentation" style="font-family: Arial, sans-serif; font-size: 10pt;">the promissory note is secured by the deed of trust on the real property that is also the subject of the real estate contract; and</span></li><li style="font-family: Aptos, sans-serif; font-size: 12pt; color: rgb(0, 32, 96); margin: 0in;">
<span role="presentation" style="font-family: Arial, sans-serif; font-size: 10pt;">title is transferred to the buyer by way of a quitclaim deed, and not a statutory warranty fulfillment deed.</span></li></ul>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);"> </span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);">Now that I think about it, I wonder about the propriety and effectiveness of a deed of trust on property
that the grantor does not yet own. Hmm. If there is any question about that, I would require a brand-new purchase money note and deed of trust to accompany the deed.</span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);"> </span></p>
<p style="margin: 0in 0in 12pt; font-family: Aptos, sans-serif; font-size: 12pt;">
<span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);"><b>Mark B. Anderson<br>
</b>ANDERSON LAW FIRM PLLC<br>
821 Dock Street, Suite 209, PMB 4-12<br>
Tacoma, Washington 98402<br>
+1 253-327-1750<br>
+1 253-327-1751 (fax)<br>
<u><a style="color: rgb(0, 32, 96); margin-top: 0px; margin-bottom: 0px;" class="OWAAutoLink" id="OWAb03c8857-202d-7488-7ca9-3778d80e285c" href="mailto:marka@mbaesq.com">marka@mbaesq.com</a></u><br>
<u><a style="color: rgb(0, 32, 96); margin-top: 0px; margin-bottom: 0px;" data-auth="NotApplicable" class="OWAAutoLink" id="OWA84d38fa1-9f51-2be8-155d-bf6b820b3424" href="http://www.mbaesq.com/">www.mbaesq.com</a></u></span></p>
<p style="margin: 0in 0in 12pt; font-family: Aptos, sans-serif; font-size: 12pt;">
<span style="font-family: "Arial Narrow", sans-serif; font-size: 10pt; color: rgb(0, 32, 96);"><b>CONFIDENTIALITY NOTICE<br>
</b>This transmission is confidential and is intended solely for the use of the individual named recipient. It may be protected by the attorney-client privilege, work product doctrine, or other confidentiality protection. If you are not the intended recipient,
or the person responsible to deliver it to the intended recipient, be advised that any dissemination, distribution, or copying of this communication is prohibited. If you have received this transmission in error, please immediately notify the sender via e-mail
or by telephone at (253) 327-1750 that you have received the message in error, and then delete it. Thank you.</span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Arial, sans-serif; font-size: 10pt; color: rgb(0, 32, 96);"> </span></p>
<div style="padding: 3pt 0in 0in; border-top: 1pt solid rgb(225, 225, 225);">
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><b>From:</b> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Timothy Lehr<br>
<b>Sent:</b> Wednesday, January 21, 2026 8:23 AM<br>
<b>To:</b> wsbarp@lists.wsbarppt.com<br>
<b>Subject:</b> [WSBARP] Seller financed and transferring title prior to payoff...pitfalls?</span></p>
</div>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"> </p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;">All,</p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"> </p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;">I have a PC seller that sold a property on a seller financed RE contract a number of years back. There’s an executed promissory note and deed of trust. The RE contract contemplated a fulfillment
deed to be recorded when the balance is paid by buyer. There is still a balance owed, but seller wants to assist buyer by transferring title now so buyer can apply for flood insurance. Insurance company is saying she can only apply if she is the title holder.</p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"> </p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;">Any pitfalls, considerations, or problems if seller transfers title now and keeps receiving payments via the promissory note?</p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"> </p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;">Thanks,</p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"> </p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;"><b>Timothy C. Lehr</b></span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;">Attorney & Partner</span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;"> </span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;"><img size="861250" style="width: 1.9895in; height: 0.7187in; margin-top: 0px; margin-bottom: 0px;" height="68" width="190" id="x_Picture_x0020_1" data-outlook-trace="F:1|T:1" src="cid:image001.jpg@01DC8AD5.367F93F0"></span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;"> </span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;">p: 360.855.0131</span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;">e:
</span><span style="font-size: 11pt; color: rgb(70, 120, 134);"><u><a style="color: rgb(70, 120, 134); margin-top: 0px; margin-bottom: 0px;" class="OWAAutoLink" id="OWA49f529bd-19bc-108a-23ef-4367205b7778" href="mailto:timothy@stileslaw.com">timothy@stileslaw.com</a></u></span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;">w:
</span><span style="font-size: 11pt; color: rgb(70, 120, 134);"><u><a style="color: rgb(70, 120, 134); margin-top: 0px; margin-bottom: 0px;" data-auth="NotApplicable" class="OWAAutoLink" id="OWAb0d51a9a-615c-bfa3-5b28-1e8b89d4deb1" href="http://www.stileslaw.com/">www.stileslaw.com</a></u></span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;"> </span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"><span style="font-size: 11pt;"><b>NOTICE</b>: The information contained in this email is proprietary and/or confidential and may be privileged. If you are not the intended recipient of
this communication, you are hereby notified to : (i) delete the email and all copies; (ii) not disclose, distribute or use the email in any manner; (iii) notify the sender immediately. Thank you.</span></p>
<p style="margin: 0in; font-family: Aptos, sans-serif; font-size: 12pt;"> </p>
</body>
</html>