Finance
In an Arizona Deed of Trust, who holds bare legal title to the property?
AThe borrower (trustor)
BThe lender (beneficiary)
CThe trustee✓ Correct
DThe escrow company
Explanation
In a Deed of Trust, the trustee holds bare legal title on behalf of the beneficiary (lender). The trustor (borrower) retains equitable title and possession. Upon loan payoff, the trustee conveys title back to the borrower.
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