Which of the following real property transactions involves the use of transfer of legal title in real property to a trustee?

Question

Quizplus · Accepted Answer

A deed of trust involves the transfer of legal title in real property to a trustee who holds the title as security for a debt owed by the borrower to the lender. In the case of default, the trustee may initiate foreclosure proceedings and sell the property to satisfy the debt. A land sales contract, mortgage, and foreclosure do not necessarily involve the use of a trustee.

Which of the Following Real Property Transactions Involves the Use