Finance
In a New Mexico deed of trust, who holds legal title to the property during the loan period?
AThe borrower (trustor)
BThe lender (beneficiary)
CA neutral third-party trustee✓ Correct
DThe NMREC
Explanation
In a deed of trust, the borrower (trustor) conveys legal title to a neutral trustee. The lender (beneficiary) holds the beneficial interest.
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