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Code · STATUTE-COMPILATIONS · Multifamily Mortgage Foreclosure Act of 1981 · Sec. 369C

Sec. 369C. foreclosure costs

140 words·~1 min read·/statute-compilations/comps-10576/sec-369c

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## Sec. 369C foreclosure costs **[**[12 U.S.C. 3711](/us/usc/t12/s3711)**]** The following foreclosure costs shall be paid from the sale proceeds prior to satisfaction of any other claim to such sale proceeds: ####
(1)necessary advertising costs and postage incurred in giving notice pursuant to sections 369 and 369B; ####
(2)mileage for posting notices and for the foreclosure commissioner's attendance at the sale at the rate provided in section 1921 of title 28, United States Code, for mileage by the most reasonable road distance; ####
(3)reasonable and necessary costs actually incurred in connection with any necessary search of title and lien records; ####
(4)necessary out-of-pocket costs incurred by the foreclosure commissioner to record documents; and ####
(5)a commission for the foreclosure commissioner for the conduct of the foreclosure to the extent authorized by regulations issued by the Secretary.
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Sec. 369C
foreclosure costs
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