Washington Code 65.08.120 – Assignment of mortgage — Notice
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The recording of an assignment of a mortgage is not in itself notice to the mortgagor, his or her heirs, assigns or personal representatives, to invalidate a payment made by any of them to a prior holder of the mortgage.
[ 2012 c 117 § 209; 1927 c 278 § 7; RRS § 10596-7.]
Terms Used In Washington Code 65.08.120
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.