Finance
A deed of trust differs from a mortgage in that it involves:
ATwo parties — borrower and lender
BThree parties — borrower, lender, and a trustee✓ Correct
COnly the borrower and the title company
DFour parties including the real estate agent
Explanation
A deed of trust involves three parties: the borrower (trustor), the lender (beneficiary), and a neutral trustee who holds legal title until the loan is repaid. A mortgage involves only two parties.
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