Choose the one most appropriate answer for each.
-a publicly appointed official who acts as a trustee in some states
A)accepted form
B)assignment of rents
C)automatic form
D)bare title
E)beneficiary
F)deed of trust
G)default
H)foreclosure
I)junior claims
J)naked title
K)no statutory redemption
L)power of sale
M)public trustee
N)reconveyance deed
O)release deed
P)request for reconveyance
Q)trust
R)trustee
S)trustee's deed
T)trustor

Question

Choose the one most appropriate answer for each.
-a publicly appointed official who acts as a trustee in some states
A)accepted form
B)assignment of rents
C)automatic form
D)bare title
E)beneficiary
F)deed of trust
G)default
H)foreclosure
I)junior claims
J)naked title
K)no statutory redemption
L)power of sale
M)public trustee
N)reconveyance deed
O)release deed
P)request for reconveyance
Q)trust
R)trustee
S)trustee's deed
T)trustor

Quizplus · Accepted Answer

Public trustee is a publicly appointed official who acts as a trustee in some states.

Answer: R
 Trustee refers to the appointed official who is responsible for managing and administering the assets held in a trust.

Answer: L
 Power of sale is a provision in a deed of trust that allows the trustee to sell the trust property in the event of default.

Answer: S
 Trustee's deed is the legal document used to transfer ownership from the trust to the buyer after a property has been sold through a deed of trust foreclosure.

Answer: T
 Trustor is the person who creates a trust and transfers assets into it.

Choose the One Most Appropriate Answer for Each