Question
Under California law governing non-judicial foreclosures (power-of-sale foreclosures) of residential real estate, (a) identify and briefly describe the legal notices that the Trustee must give
Under California law governing non-judicial foreclosures ("power-of-sale" foreclosures) of residential real estate, (a) identify and briefly describe the legal notices that the Trustee must give to a Borrower before putting the Borrower's property up for sale; (b) specify a timeline for these notices (i.e., How many days after what event before the next notice or event may take place?); (c) define the terms "reinstatement" and "redemption; (d) specify the legal deadlines (i.e., the latest time/date/day after a notice or event) for the Borrower to do each; (e) identify AND explain the California law that governs whether the lender/beneficiary can pursue further collection against the property owner/borrower, if the property owner/borrower's foreclosed property fails to generate a sufficient price at foreclosure sale to cover the entire amount the property owner/borrower owes the lender/beneficiary.
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