Washington Code 7.28.300 – Quieting title against outlawed mortgage or deed of trust
Current as of: 2023 | Check for updates
|
Other versions
The record owner of real estate may maintain an action to quiet title against the lien of a mortgage or deed of trust on the real estate where an action to foreclose such mortgage or deed of trust would be barred by the statute of limitations, and, upon proof sufficient to satisfy the court, may have judgment quieting title against such a lien.
[ 1998 c 295 § 17; 1937 c 124 § 1; RRS § 785-1.]
NOTES:
Limitation of actions, generally: Chapter 4.16 RCW.
Real estate mortgages, foreclosure: Chapter 61.12 RCW.
Terms Used In Washington Code 7.28.300
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.