Property Ownership
In Washington, a property owner who loses their property through foreclosure may have the right to cure the default before the trustee's sale. This right is called the:
ARight of redemption
BRight to cure or reinstatement right✓ Correct
CRight of first refusal
DRight of survivorship
Explanation
Washington's Deed of Trust Act allows a borrower to cure a default and stop the foreclosure process by paying all overdue amounts plus costs (reinstatement). This right must be exercised before the trustee's sale.
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