The following excerpt is from In re Richter, 525 B.R. 735 (Bankr. C.D. Cal. 2015):
21 In a nonjudicial foreclosure sale under California law, title to real property is transferred to the purchaser typically by delivery of the trustee's deed, see Dover Mobile Estates v. Fiber Form Prods., Inc., 220 Cal.App.3d 1494, 1498, 270 Cal.Rptr. 183 (1990), and recordation of that deed perfects the purchaser's interest, see Walker v. Cal. Mortg. Serv. (In re Walker), 861 F.2d 597, 600 (9th Cir.1988).
21 In a nonjudicial foreclosure sale under California law, title to real property is transferred to the purchaser typically by delivery of the trustee's deed, see Dover Mobile Estates v. Fiber Form Prods., Inc., 220 Cal.App.3d 1494, 1498, 270 Cal.Rptr. 183 (1990), and recordation of that deed perfects the purchaser's interest, see Walker v. Cal. Mortg. Serv. (In re Walker), 861 F.2d 597, 600 (9th Cir.1988).
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