When a sale of property is made under any trust deed otherwise than under a decree, there shall, within two months after the sale, be returned by the trustee, to the clerk of the county court of the county wherein such deed may have been first recorded, an inventory of the property sold and an account of the sale. Any trustee failing to comply with this section shall forfeit his commissions on such sale, which commissions may be recovered in an action by the grantors in such deed, or of any beneficiary when the proceeds of sale were insufficient to pay the debt secured.
Structure West Virginia Code
Article 1. Vendor's and Trust Deed Liens
§38-1-1. Vendor's Lien; Its Enforcement
§38-1-2. Form of Deed of Trust; Memorandum of Deed of Trust May Be Recorded
§38-1-3. Sales Under Trust Deeds
§38-1-4a. Statute of Limitations for Sales by Trustees
§38-1-6. Form of Trustee's Deed
§38-1-7. Application of Proceeds; Action to Recover a Deficiency
§38-1-8. Return of Account of Sale; Forfeiture of Commissions on Failure to Account
§38-1-8a. Reports by Trustee to County Clerk; Additional Information to Be Filed With Report of Sale
§38-1-9. Recordation of Account of Trustee
§38-1-10. Who May Require Trustee to Give Bond; New Trustee on Failure to Give; Notice
§38-1-11. Amount and Approval of Bond of Trustee; Recordation; Effect of Failure to Give
§38-1-12. Bond of New Trustee Appointed by Court; Recordation
§38-1-13. Substitution of Trustees Under a Trust Deed Securing a Debt
§38-1-15. Validity of Deed of Trust Upon Renewal of Loan
§38-1-16. Sale of Real Property Pursuant to a Deed of Trust; Preexisting Tenancy