The power of sale clause in a deed of trust:
A) allows the lender to sell the note
B) allows for a non-judicial foreclosure
C) allows the borrower to sell the property
D) allows the IRS to take the property for back taxes

Question

Quizplus · Accepted Answer

The power of sale clause in a deed of trust allows the lender to conduct a non-judicial foreclosure, which means the lender can sell the property without going to court if the borrower defaults on the loan.

The Power of Sale Clause in a Deed of Trust