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Current as of January 01, 2024 | Updated by Findlaw Staff
The trustee shall apply the proceeds of the trustee's sale as follows:
(1) To the expenses of the sale, including a reasonable charge by the trustee and a reasonable attorney's fee.
(2) To the obligation secured by the trust deed.
(3) To any persons having recorded liens subsequent to the interest of the trustee in the trust deed as their interests may appear.
(4) The surplus, if any, to the grantor of the trust deed or to his successor in interest entitled to such surplus.
Cite this article: FindLaw.com - Idaho Statutes Title 45. Liens, Mortgages and Pledges § 45-1507. Proceeds of sale--Disposition - last updated January 01, 2024 | https://codes.findlaw.com/id/title-45-liens-mortgages-and-pledges/id-st-sect-45-1507/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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