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Re: Rescission of trustee sale

Posted by 427 on March 04, 2011 at 7:37 PM

In Reply to: Rescission of trustee sale posted by 427 on March 04, 2011 at 12:51 AM

I found the information from the archived post below. So it looks like they can do it. When I was searchign a different civil code, it looked like this could not be done if the property had been sold to a bona fide purchaser who bought the property from a trustees deed holder. Anyone know if there is a time limit for rescission?

Yes, a Trustee can reverse a trustee’s sale after the sale was conducted. In fact, California’s Civil Code Section 2924 gives a trustee the right to record a Rescission of Trustee’s Deed to invalidate a recorded Trustee’s Deed.

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