Escrow & Title
In Colorado, a 'trustee's deed' is used when:
AA property is sold through a living trust
BA lender forecloses on a deed of trust and the public trustee conveys the property✓ Correct
CA property is transferred as part of an estate
DA seller uses a trust to hold title for estate planning purposes
Explanation
In Colorado's non-judicial foreclosure process, when a lender forecloses on a deed of trust, the public trustee conducts the sale and conveys title to the highest bidder using a public trustee's deed.
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