61.24.050 - Interest conveyed by trustee's deed -- Sale is final if acceptance is properly recorded -- Redemption precluded after sale.

Interest conveyed by trustee's deed — Sale is final if acceptance is properly recorded — Redemption precluded after sale.

When delivered to the purchaser, the trustee's deed shall convey all of the right, title, and interest in the real and personal property sold at the trustee's sale which the grantor had or had the power to convey at the time of the execution of the deed of trust, and such as the grantor may have thereafter acquired. If the trustee accepts a bid, then the trustee's sale is final as of the date and time of such acceptance if the trustee's deed is recorded within fifteen days thereafter. After a trustee's sale, no person shall have any right, by statute or otherwise, to redeem the property sold at the trustee's sale.

[1998 c 295 § 7; 1965 c 74 § 5.]