12 U.S.C. § 3765 : US Code - Section 3765: Effect of sale

Search 12 U.S.C. § 3765 : US Code - Section 3765: Effect of sale

A sale, made and conducted as prescribed in this chapter to a
bona fide purchaser, shall bar all claims upon, or with respect to,
the property sold, for each of the following persons:
(1) Notice recipients
Any person to whom the notice of default and foreclosure sale
was mailed as provided in this chapter, and the heir, devisee,
executor, administrator, successor, or assignee claiming under
any such person.
(2) Subordinate claimants with knowledge
Any person claiming any interest in the property subordinate to
that of the mortgage, if such person had actual knowledge of the
foreclosure sale.
(3) Nonrecorded claimants
Any person claiming any interest in the property, whose
assignment, mortgage, or other conveyance was not duly recorded
or filed in the proper place for recording or filing, or whose
judgment or decree was not duly docketed or filed in the proper
place for docketing or filing, before the date on which the
notice of the foreclosure sale was first served by publication,
as required by section 3758(3) of this title, and the executor,
administrator, or assignee of such a person.
(4) Other persons
Any person claiming an interest in the property under a
statutory lien or encumbrance created subsequent to the recording
or filing of the mortgage being foreclosed, and attaching to the
title or interest of any person designated in any of the
foregoing paragraphs.