Which of the Following Best Describes How a Deed of Trust

question 9

Multiple Choice

Which of the following best describes how a deed of trust works?

• A) The state gives a deed to the lender to hold until the borrower satisfies the debt.
• B) The borrower gives a deed to the lender to hold until the borrower satisfies the debt.
• C) When a party borrows money to purchase property,the seller holds the deed until the debt is paid off,at which point it will be conveyed to the borrower.
• D) When a trust is the owner of real property,a special type of deed is required.
• E) The borrower conveys a deed to a third party who holds legal title until the debt is paid off or the borrower defaults.

---

Definitions:

Number of Sellers

Refers to the total quantity of providers or suppliers offering a particular good or service in a market.

Technological Innovations

New or improved technologies, processes, or methods that significantly increase efficiency or productivity.

Geographical Boundaries

Physical or political demarcations that define separate areas, regions, or territories.

Acquisitions

The process by which one company purchases most or all of another company's shares to take control.