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You can skim the code right on this web site...

Posted by Ward-CA- on October 18, 2003 at 9:14 PM

In Reply to: 2924 Question posted by JK on October 18, 2003 at 10:49 AM

: Hello

: Can someone refer me to the section of the civil code that describes the right of the Trustor to re-instate ... in CA

: Additionally - is it their right to reinstate 5 BUSINESS or 5 CALANDER days prior to the sale??

: Example : if calandar days and the sale is on the say 20th - is the 19th day one??? so 19,18,17,16,15 - Thus on the 15th we do not need to accept their re-instatemnet but may demand the full amount?

: Never thought counting days could get so tough!

: Thank yo in advance for the assistance.
-=-=-=-=-=

JK,

You can find the Civil Code Section 2924, here on our web site, at the link
entitled Foreclosure Codes. I just skimmed the code and found the section you were interested in at CC§ 2924c(e). It states that the right to reinstate the delinquent loan extends up to five business days prior to the date set for the sale of the property.

Finding the pertinent sections of the code regarding reinstatement of delinquent payments is fairly easy to do. I invite you to locate it and read it to answer whatever additional questions you might have about the topic.

Hope this helps.


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