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ID H0551
Bill
AI Summary
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Allows trustees to postpone a trustee's sale without beneficiary request if required affidavits of mailing, posting, or publication are recorded later than 20 days before the sale date.
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Permits trustees to announce postponement at the originally scheduled sale time and reschedule the sale to no later than 30 days from the original sale date.
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Requires that all required affidavits (mailing, posting, and publication) be recorded in proper counties prior to the rescheduled sale date for validity.
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Validates affidavits recorded at least 20 days prior to the rescheduled sale date as compliant with statutory requirements.
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Makes technical correction to standardize the capitalization of "Standard Time" in the notice of sale provision.
Legislative Description
Amends existing law relating to trust deeds to provide procedures for postponing a trustee's sale date when certain affidavits are recorded later than required by law and to provide that certain affidavits are valid if recorded within a certain time period.
TRUST DEEDS
Last Action
Filed in Office of the Chief Clerk
3/1/2010