Which of the following is true of a deed of trust?
A) The creditor may sell the property through an auction without a court order upon default.
B) The trustee becomes responsible for the payment mortgage upon default.
C) It conveys title to the property to a disinterested third-party.
D) The trustee holds the property in trust for the benefit of the debtor.
Correct Answer:
Verified
Q1: Which of the following is true of
Q2: Which of the following is true of
Q3: Which of the following is true of
Q4: If a mortgagor wishes to pay off
Q6: A person who holds a mortgage as
Q7: A mortgagor has the right to sell
Q8: When a mortgage is assigned:
A)the assignee
Q9: A mortgagor has the right to rents
Q10: The mortgage contract must follow the same
Q11: When a property is subject to a
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