HB 2562 - DIGEST

Provides that, for foreclosure sales on deeds of trust, if the trustee elects to foreclose the interest of any occupant or tenant of property comprised solely of a single-family residence, or a condominium, cooperative, or other dwelling unit in a multiplex or other building, contact information for obtaining purchaser contact information, as well as an address to which occupants and tenants shall continue to send lease payments after the sale until notified differently by the purchaser, must be provided as part of the following notice that must be included as Part X of the Notice of Trustee's Sale.

Provides that the purchaser, on a deed of trust foreclosure, has the right to evict occupants and tenants by summary proceedings under the unlawful detainer act as follows: (1) For an occupant or tenant who at the time of the sale is in compliance with the duties of tenants specified in RCW 59.18.130 and who continues to be in compliance with RCW 59.18.130 while occupying the property: (a) After the one hundred twentieth day following the sale or the expiration of the lease, whichever occurs first, if the occupant or tenant has a written or recorded rental agreement; or (b) after the ninetieth day following the sale if the occupant or tenant does not have a written or recorded rental agreement; or

(2) For an occupant or tenant who at the time of the sale is not in compliance with the duties of tenants specified in RCW 59.18.130, after the twentieth day following the sale.