Washington Deed of Trust Form

Washington Deed of Trust Form

Last updated September 1st, 2022

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Washington deed of trust transfers title of a borrower’s property to a trustee as collateral for a home loan provided by a lender. After the borrower’s debt is settled, their title will be reconveyed to them. If the borrower fails to repay the lender, the trustee can foreclose and sell the property without a court order (a “non-judicial foreclosure”). This process involves less time and cost than a judicial foreclosure which must first go through court. Deeds of trust cannot be executed for properties that are primarily used for agriculture, as in these cases, a non-judicial foreclosure is not permitted.

Related Forms (1)

Washington Promissory Note – A loan agreement promising the debt repayment.

Download: PDFWord (.docx)OpenDocument