Which of the following best describes a trustee’s deed:
- It is given by the trustor to the trustee as security for a debt.
- It is given to the trustee by the beneficiary after the debt has been paid.
- it is given to the trustor by the beneficiary after the debt has been paid.
- it is given to the purchaser of a property by the trustee after a foreclosure sale.
The answer is D. Choice A actually refers to a trust deed, and choice C is a deed of reconveyance. Note that there is a difference between a trust deed and a trustee’s deed.