A deed of trust is a deed that 1. transfers equitable title in teh property to a trustee until the mortgage is repaid 2. transfers equitable title in the property to the mortgage until the mortgage is repaid 3. Includes terms requiring the buyer to sell the property if the mortgage can not be repaid 4. is executed by a trustee
A deed of trust is a deed that 1. transfers equitable title in teh property to a trustee until the mortgage is repaid 2. transfers equitable title in the property to the mortgage until the mortgage is repaid 3. Includes terms requiring the buyer to sell the property if the mortgage can not be repaid 4. is executed by a trustee
Related questions
Question
Transcribed Image Text:A deed of trust is a deed that 1. transfers equitable title
in teh property to a trustee until the mortgage is repaid
2. transfers equitable title in the property to the
mortgage until the mortgage is repaid 3. Includes
terms requiring the buyer to sell the property if the
mortgage can not be repaid 4. is executed by a trustee
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
