what does notice of election and demand mean?

beckit3 · Joined: 03 Sep 2007 Posts: 1 1.30 Dollars($)

what does withdrawl of niotice of election and demand mean? When are these terms used and for what purpose

larry · Joined: 27 Jun 2007 Posts: 3328 473.51 Dollars($)

hi Beckit,

Welcome to the forum.

In the event of foreclosure, a public trustee records a Notice of Election and Demand with the county clerk. He is required to publish this notice in any newspaper of that country where the foreclosure property is located. He should also mail a copy of the notice to the borrower within 10 days of publication. The sale of the property must take place within 60 days after the notice is recorded.

Guest 0.10 Dollars($)

But who files the notice?

miller_st · Joined: 17 Jan 2007 Posts: 917 168.84 Dollars($)

Niicss · Posted: Wed Sep 05, 2007 4:53 pm Post subject:

All times are GMT - 7 Hours

Page 1 of 1