When a new first trust deed and second trust deed are created at the time of sale on a property and a "Request for Notification of Default" is recorded at the close of escrow, it is done for the protection of the:

Question

Quizplus · Accepted Answer

The beneficiary lender on the second trust deed wants to know of any pending foreclosure in order to protect their interest. This is done with the "request notice of default".

When a New First Trust Deed and Second Trust Deed