Washington § 61.24.070 - Trustee's sale, who may bid at — If beneficiary is purchaser — If purchaser is not beneficiary.

Full text of Washington Revised Code of Washington § 61.24.070 — Trustee's sale, who may bid at — If beneficiary is purchaser — If purchaser is not beneficiary., with citation guidance and answers to common questions.

§ 61.24.070. Trustee's sale, who may bid at — If beneficiary is purchaser — If purchaser is not beneficiary.

(1) The trustee may not bid at the trustee's sale. Any other person, including the beneficiary, may bid at the trustee's sale.
(2) The trustee shall, at the request of the beneficiary, credit toward the beneficiary's bid all or any part of the monetary obligations secured by the deed of trust. If the beneficiary is the purchaser, any amount bid by the beneficiary in excess of the amount so credited shall be paid to the trustee in the form of cash, certified check, cashier's check, money order, or funds received by verified electronic transfer, or any combination thereof. If the purchaser is not the beneficiary, the entire bid shall be paid to the trustee in the form of cash, certified check, cashier's check, money order, or funds received by verified electronic transfer, or any combination thereof.
[ 1998 c 295 s 9; 1965 c 74 s 7.]

Source: official Washington text · Last verified 2026-08-27

Related Washington Legal Topics

Frequently Asked Questions About Washington § 61.24.070

What does Revised Code of Washington § 61.24.070 cover?

Section 61.24.070 ("Trustee's sale, who may bid at — If beneficiary is purchaser — If purchaser is not beneficiary.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 61.24.070?

A common citation format is "Revised Code of Washington § 61.24.070" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 61.24.070 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.