Finance
Under a Texas deed of trust, foreclosure is typically handled as a:
AJudicial foreclosure requiring a court order
BNon-judicial foreclosure under the power of sale clause✓ Correct
CStrict foreclosure transferring title directly
DDeed in lieu of foreclosure only
Explanation
Texas uses non-judicial foreclosure (power of sale foreclosure) under the deed of trust. The trustee can foreclose without court action after proper notice, making the process faster than judicial foreclosure states.
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