In a Deed of Trust Transaction, When a Trustee Sells

question 44

Multiple Choice

In a deed of trust transaction, when a trustee sells the property and the proceeds generate a surplus, it _____.

• A) is paid to the borrower
• B) is paid to the lender
• C) is paid to the trustee
• D) goes to the state

---

Definitions:

Population Change

The variation in the number of individuals in a population over time, influenced by factors such as birth rates, death rates, immigration, and emigration.

Oil Reserve

Stocks of crude oil or refined petroleum products held underground or in storage facilities controlled by countries or corporations for future use.

Profit

The financial gain realized when revenue from business activities exceeds the costs and expenses involved in operating.

Market Rate

The prevailing price or cost of goods, services, wages, or interest rates in the open market.