A Washington Deed of Trust is a security instrument that can be used to secure debt or another obligation. Following the stipulations of the Revised Code of Washington, such types of deeds are subject to all of the laws relating to mortgages on real property unless stated otherwise (61.24.020). The code allows only certain categories of individuals and entities to be trustees, such as specially authorized insurance companies, an attorney who is a member of the Washington state bar association, an agency of the U.S. government, and more (61.24.010).
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