Foreclosure
Trustee Sale (Non-Judicial Foreclosure)
A concise definition for the California Real Estate Exam study guide.
Definition
California's primary foreclosure method under a deed of trust's power of sale. No court involvement. Generally faster than judicial foreclosure but may limit deficiency recovery.
Why it matters on the California real estate exam
Know the definition, recognize how the term appears in a fact pattern, and compare it with related concepts before choosing an answer.
Study this topic in context
Read the related chapter for the surrounding concepts, examples, and exam tips.
Chapter 10: Foreclosure & Distressed Property →