A lender in Washington issues a Notice of Default on a borrower's deed of trust. Under RCW Chapter 61.24, how many days does the borrower have after the Notice of Default is recorded to cure the default before the lender can issue a Notice of Trustee's Sale?
Correct Answer
A) 30 days
Under RCW Chapter 61.24, after a Notice of Default is recorded, the borrower has 30 days to cure the default (bring the loan current) before the lender can proceed to issue a Notice of Trustee's Sale. This 30-day cure period is a mandatory component of the non-judicial foreclosure timeline and is one reason the total minimum period from Notice of Default to sale is 190 days.
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