Although I’ve seen frequent advice describing benefits of recording a Trustee’s Deed Upon Sale (TDUS) within 15 days after the auction, are there any potential benefits to waiting?
I’m not clear what significance the following dates have:
- Auction date
- Transfer date stated in the TDUS (is this always the same as the auction date?)
- Date trustee signs TDUS
- When TDUS is deemed recorded (presumably this must be either 8 AM on the auction date, or at least 16 days thereafter)
I assume the auction buyer is responsible for all unpaid property taxes, whether they accrue before or after the sale. However, is (4) always the date a lower reassessed tax rate would be deemed to begin?
When does the auction buyer begin to be liable for HOA fees (if applicable)?
On what date is an auction buyer legally permitted to take possession of a vacant property?