In a Deed of Trust Transaction, When a Trustee Sells

question 46

Multiple Choice

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

• A) borrower is relieved of all obligations to the lender
• B) lender may sue the borrower on the debt and recover a judgment
• C) lender may sue the trustee
• D) trustee may sue the borrower

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