A Washington Deed of Trust with Due on Sale and Due Date. Is a deed of trust used to secure a loan in Washington state. This type of deed is often used to purchase real estate, such as residential or commercial property. It is a three-party agreement between the borrower (trust or), the lender (beneficiary), and the trustee, which is usually a title or escrow company. The deed of trust provides the lender with a lien on the property in case the borrower defaults on the loan. The due on sale clause of the deed of trust states that the loan must be paid in full when the property is sold or transferred. The due date is the date on which the loan must be paid in full, or when the borrower defaults on the loan. The different types of Washington Deed of Trust with Due on Sale and Due Date. Include: 1. Revocable Deed of Trust with Due on Sale and Due Date. 2. Irrevocable Deed of Trust with Due on Sale and Due Date. 3. Non-Judicial Deed of Trust with Due on Sale and Due Date. 4. Judicial Deed of Trust with Due on Sale and Due Date. 5. FHA Deed of Trust with Due on Sale and Due Date. 6. VA Deed of Trust with Due on Sale and Due Date.
Washington Deed of Trust with Due on Sale and Due Date
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