District of Columbia § 42-817 Sale of property — Amount creditor to pay if purchaser.

District of Columbia Statutes

§ 42-817 — Sale of property — Amount creditor to pay if purchaser.

District of Columbia § 42-817

Title 42Real Property.

Ch. 8Mortgages and Deeds of Trust.

This text of District of Columbia § 42-817 (Sale of property — Amount creditor to pay if purchaser.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 42-817 (2026).

Text

If a creditor, for the payment of whose debt property shall be sold under a deed of trust, shall become the purchaser at such sale, he shall be entitled to credit the amount of the purchase money against the debt, and shall be only required to pay to the trustee the excess of the purchase money over his debt, together with such additional amount as may be necessary to defray the expenses of the sale.

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If a creditor, for the payment of whose debt property shall be sold under a deed of trust, shall become the purchaser at such sale, he shall be entitled to credit the amount of the purchase money against the debt, and shall be only required to pay to the trustee the excess of the purchase money over his debt, together with such additional amount as may be necessary to defray the expenses of the sale.