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Understanding Successor Trustee Roles by Alice Jean Logan is a document available to read on EtoBox.

What is Understanding Successor Trustee Roles about?

The document provides detailed information about successor trustees in deeds of trust. It explains that the originating lender has the power to appoint a successor trustee according to the contract terms. However, this power does not transfer to subsequent assignees of the loan. Case law establishes that the trustee has fiduciary duties to both the borrower and lender to act impartially and avoid sacrificing the borrower

Author

Alice Jean Logan

Language

EN