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Category: Legal
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Experience:  Licensed attorney helping individuals and businesses
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I am a holder of a Note secured by a Deed of Trust. The note

Resolved Question:

I am a holder of a Note secured by a Deed of Trust. The note will become due and payable on June 1, 2011. Do I need to send a written notice to the borrower to this effect and if yes, how many days in advance do I need to sent it to the borrower
Submitted: 6 years ago.
Category: Legal
Expert:  INFOLAWYER replied 6 years ago.

I am a legal expert at Justanswer. I have reviewed your question and will be helping you today.

You are not required to do so unless the note expressly provides for it (which is most rare) If there is a default, the note often calls for a 7 day notice.

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