Question #26 of 60
In a deed of trust, the lender is
A) the trustee.
B) the trustor.
C) the mortgagor.
D) the beneficiary.

In a deed of trust, the lender is known as the beneficiary. Essentially, the lender benefits from the trust agreement, holding the power to take possession of the property if the borrower (the trustor) defaults on the loan. It’s a neat arrangement that keeps things organized and ensures everyone knows their role!

Now, here’s a fun twist: in a traditional mortgage setup, the lender is often referred to as the mortgagee, while the borrower is the mortgagor. It’s easy to confuse terms, but just remember - beneficial deeds can be more straightforward and give lenders more direct control through a trustee!