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The
Notice of Default Time Period
This time period begins once the notice
of default has been recorded.
The California Civil Code requires that a copy of the notice of default
be mailed within 10 days of its recording to all persons who are entitled
to notice. This includes the original Trustor at the address shown on
the deed of trust, at his / her last known address and to anyone else
who has recorded a request for notice. The civil code also requires
that a copy of the notice of default be mailed to certain entitled parties,
such as junior lien holders, within one month of the notices recording.
All mailings to the trustors and new owners are sent by certified and
first class mail.
A Trustees Sale Guarantee (TSG) will be ordered from a title company
at the time the Notice of Default is recorded. The TSG provides the
information needed to proceed with the trustee's sale process and guarantees
the accuracy of that information to the trustee and beneficiary only.
The property owner, or a junior lien holder, may cure the default by
paying all delinquent amounts, including all costs associated with the
filing of the default. This may be done at any time up to five business
days before the scheduled sale date which is set in the publication
period.
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