Deed Of Trust/Fee Clause Interpretation: Where Junior Lienholder Paid Off And Extinguished Senior Secured Debt, Senior Lender Prevailing In Post-Payoff Action Not Entitled To Recoup Attorney’s Fees
Cases: Deeds of Trust, Cases: Fee Clause InterpretationDOT Fee Provision Was Specific, Not Allowing For Fee Recovery Under The Circumstances. The next case should be of interest to real estate secured lender attorneys, counseling on what they may need to do in certain payoff/junior lienholder foreclosure situations. It also may counsel some changes to the standard deed of trust instruments […]
