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News & Press: Sacramento Report

Trustee Fee Increase Contemplated

Tuesday, April 18, 2017  
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Current law authorizes a trustee in a foreclosure to deduct certain charges and expense for the fees of the trustee not to exceed $425 or 1 percent of the unpaid sum secured, whichever is greater. Those fees would increase under proposed legislation in Senate Bill 479 (Morrell), which would increase the maximum trustee’s or attorney’s fees from $425 to $475.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
Email:  |  Phone: 916-444-2647  |   Fax: 916-444-2851