I. E. Associates v. Safeco Title Insurance

Opinion

KAUS, J.

I. E. Associates (Associates) appeals from a summary judgment granted in favor of defendant Safeco Title Insurance Company (Safeco). The principal issue presented is whether, in addition to the notification procedures prescribed by statute, a trustee in a nonjudicial foreclosure has a common law duty to make reasonable efforts to contact a defaulting trustor/ debtor. We conclude that the statutory procedures are exclusive and affirm the judgment.

I. Facts

In April 1977, Associates, a general partnership, purchased certain real property from the Bishops for $105,000. As part of…