Idaho Statutes
§ 45-1507 — PROCEEDS OF SALE — DISPOSITION
The trustee shall apply the proceeds of the trustee’s sale as follows:
(1)To the expenses of the sale, including a reasonable charge by the trustee and a reasonable attorney’s fee.
(2)To the obligation secured by the trust deed.
(3)To any persons having recorded liens subsequent to the interest of the trustee in the trust deed as their interests may appear.
(4)The surplus, if any, to the grantor of the trust deed or to his successor in interest entitled to such surplus.
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Idaho § 45-1507 (PROCEEDS OF SALE — DISPOSITION) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Parkwest Homes v. Julie G. Barnson
302 P.3d 18 (Idaho Supreme Court, 2013)
Spencer v. Jameson
211 P.3d 106 (Idaho Supreme Court, 2009)
Wilhelm v. Johnston
30 P.3d 300 (Idaho Court of Appeals, 2001)
Legislative History
[45-1507, added 1957, ch. 181, sec. 7, p. 345.]
Nearby Sections
15
§ 45-1001
WHAT MAY BE MORTGAGED§ 45-1003
ACKNOWLEDGMENT AND RECORDATION§ 45-1004
RECORDING MASTER FORMS — INCORPORATION OF PROVISIONS INTO MORTGAGES BY REFERENCE — RECORDING FEES§ 45-101
LIENS DEFINED§ 45-102
GENERAL AND SPECIAL LIENS§ 45-103
GENERAL LIEN DEFINED§ 45-104
SPECIAL LIEN DEFINED§ 45-105
SATISFACTION OF PRIOR LIEN§ 45-107
LIEN ON FUTURE INTEREST§ 45-109
LIEN TRANSFERS NO TITLE§ 45-110
CONTRACTS FOR FORFEITURE VOID