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2009 SESSION

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SB 1546 Deed of trust; written notice of proposed sale by trustee to owners, etc.

Introduced by: Kenneth W. Stolle | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Proposed sale in execution of deeds of trust. Provides that when written notice of proposed sale in execution of a deed of trust is given as provided by general law, there shall be a rebuttable presumption that the lienholder has complied with any requirement to provide notice of default contained in a deed of trust.

SUMMARY AS INTRODUCED:

Proposed sale in execution of deeds of trust. Provides that the written notice of proposed sale, when given in a manner provided by general law, shall be deemed prima facie evidence of compliance with any requirement to provide notice of default contained in a deed of trust, provided that failure to comply with any requirements for notice of default that may be contained in such deed of trust shall, upon petition, render a sale of the property voidable by the court.