§ 3711. Foreclosure costs

140 words·~1 min read·/usc/title-12/section-3711

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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 3708 and 3710 of this title;

(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 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.

(Pub. L. 97–35, title III, § 369C, Aug. 13, 1981, 95 Stat. 429.)

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Cited by 8 sections

U.S. Code

statutes-at-large

Public Law 97–35
To provide for reconciliation pursuant to section 301 of the first concurrent resolution on the budget for the fiscal year 1982

statute-compilations

Sec. 369C
foreclosure costs

CFR

Traces to 1 document

U.S. Code

United States marshal’s fees
§ 1921

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Pub. L. 97–35, title III, § 369C
95 Stat. 429

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cites case law

§ 3711

Foreclosure costs

U.S.C.×4

C.F.R.×2

Stat. Comp.×1

Stat.×1

U.S.C.§ 1921

Pub. L.Pub. L. 97–35, title III, § 369C

Stat.95 Stat. 429

Cites 3Cited by 8 across 4 sources