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David borrowed $450,000 to purchase a home in Tacoma, Washington. He later defaulted on his loan payments. Under RCW Chapter 61.24, the lender issued a Notice of Default. What is the minimum number of days that must elapse from the issuance of the Notice of Default before the trustee's sale can occur?

Correct Answer

D) 190 days

Under RCW Chapter 61.24, the minimum timeline from the Notice of Default to the actual trustee's sale is 190 days. This includes a 30-day cure period after the Notice of Default, followed by issuance of a Notice of Trustee's Sale at least 90 days before the sale. The combined statutory minimums result in a 190-day minimum total period from Notice of Default to sale.

Answer Options
A
365 days
B
120 days
C
90 days
D
190 days

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Related Topics & Key Terms

Key Terms:

foreclosure_timelinenotice_of_defaulttrustees_salercw_61_24190_days
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