Property Ownership
When a property is held in trust, who holds legal title?
AThe beneficiary
BThe trustor
CThe trustee✓ Correct
DThe court
Explanation
In a trust arrangement, the trustee holds legal (bare) title to the property for the benefit of the beneficiary. The beneficiary holds equitable title.
Related California Property Ownership Questions
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- Which of the following best describes 'fee simple absolute' ownership?
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