Escrow & Title
In Idaho, which type of foreclosure is most commonly used?
AStrict foreclosure
BJudicial foreclosure
CNon-judicial (trustee's sale) foreclosure under a deed of trust✓ Correct
DForeclosure by action and sale
Explanation
While Idaho is a lien theory state (primarily using mortgages), deeds of trust are also used and allow for non-judicial foreclosure (trustee's sale). However, Idaho's primary security instrument is the mortgage, with judicial foreclosure being the typical process.
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