Escrow & Title
In West Virginia, a trustee's deed in a foreclosure sale transfers property:
AWith full warranty of title against all defects
BWith no warranty — the buyer takes whatever title the borrower had✓ Correct
CSubject to all existing liens that were junior to the foreclosed deed of trust
DWith a special warranty only covering the trustee's period of ownership
Explanation
A trustee's deed in a non-judicial foreclosure sale carries no warranties of title — it conveys only the interest held by the trustor (borrower). The buyer takes the property subject to any liens senior to the foreclosed deed of trust.
Related West Virginia Escrow & Title Questions
- A special warranty deed in West Virginia warrants title only against defects:
- In West Virginia, a deed must be recorded in the:
- West Virginia is an attorney closing state, which means:
- A title search in West Virginia examines the:
- A general warranty deed in West Virginia provides the grantee with:
- In West Virginia, a deed must be delivered and accepted to be effective. Delivery means:
- In West Virginia, an escrow agent who fails to follow proper closing instructions from the lender and buyer may be liable for:
- In West Virginia, the process by which a lender forecloses under a deed of trust without court involvement is called:
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