Finance
Washington's Deeds of Trust Act includes a provision that restricts lenders from pursuing borrowers after non-judicial foreclosure. This is called the:
ADeficiency protection clause
BAnti-deficiency protection — no deficiency judgment after trustee's sale on qualifying residential property✓ Correct
CForeclosure immunity provision
DBorrower's redemption right
Explanation
Washington's Deed of Trust Act (RCW 61.24) provides anti-deficiency protection following a trustee's sale on residential property. The lender may not pursue the borrower for any remaining loan balance after the non-judicial foreclosure sale proceeds.
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