What notice must be given before a Texas non-judicial foreclosure?
Question & Answer
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10-day notice to cure, 21-day notice of sale
A is incorrect because Texas requires a 20-day notice to cure, not 10 days. The 10-day timeframe doesn't meet the statutory minimum required by Texas law.
20-day notice to cure, 21-day notice of sale
30-day notice only
C is incorrect because Texas requires a two-notice process (20-day to cure and 21-day notice of sale), not just a single 30-day notice.
60-day notice only
D is incorrect because Texas doesn't require a single 60-day notice. The foreclosure process follows a 20-day notice to cure followed by a 21-day notice of sale.
Why is this correct?
B is correct because Texas law specifically requires a 20-day notice to cure default followed by a 21-day notice of foreclosure sale. This two-step process gives borrowers adequate opportunity to cure the default before the foreclosure sale occurs.
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