Property Ownership
What is a 'trustee's deed' in Idaho?
AA deed granted by a living trust to a beneficiary
BA deed executed by a trustee in a non-judicial foreclosure (trustee's sale) conveying property to the buyer✓ Correct
CA deed used by the U.S. government
DA deed held in trust until a condition is met
Explanation
A trustee's deed is issued following a non-judicial foreclosure sale (trustee's sale under a deed of trust). The trustee conveys the property to the highest bidder at the sale.
Related Idaho Property Ownership Questions
- Timber rights in Idaho allow the holder to:
- A deed that conveys property 'to John Smith for life, then to Mary Jones' creates what type of interest for Mary Jones?
- Which of the following best describes an 'easement in gross'?
- A cooperative (co-op) differs from a condominium in that co-op residents:
- In Idaho, which form of co-ownership does NOT include the right of survivorship?
- Riparian rights (in states that use them) give property owners adjacent to water:
- In Idaho, a fee simple determinable estate is:
- In Idaho, mineral rights can be:
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