Escrow & Title
A deed of trust in Oklahoma involves three parties:
ABuyer, seller, and OREC
BTrustor (borrower), trustee, and beneficiary (lender)✓ Correct
CGrantor, grantee, and recorder
DBuyer, title company, and broker
Explanation
A deed of trust involves the trustor (borrower who grants the deed), the trustee (neutral third party who holds legal title as security), and the beneficiary (lender who receives the benefit of the security). The trustee may conduct a non-judicial sale if the borrower defaults.
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