Under Washington's Deed of Trust Act (RCW Chapter 61.24), which of the following statements about the non-judicial foreclosure process is NOT correct?
Correct Answer
D) The former owner retains a 12-month statutory right of redemption after the trustee's sale
Option C is NOT correct. Under RCW Chapter 61.24, there is no statutory right of redemption after a non-judicial trustee's sale in Washington. Once the trustee's sale is completed, the former owner has no right to reclaim the property by paying off the debt within any period. This is a fundamental distinction between Washington's non-judicial foreclosure and judicial foreclosure states that offer 6- to 12-month redemption periods.
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