Property Ownership
A property owner places their home in a revocable living trust. The trustee of the trust is:
AThe county recorder
BTypically the grantor (the property owner who created the trust)✓ Correct
CAn independent third party selected by the Oregon courts
DThe beneficiary of the trust
Explanation
In a revocable living trust, the grantor (property owner) typically serves as their own trustee during their lifetime, retaining full control of the trust assets. They name a successor trustee to take over upon their death or incapacity, avoiding probate.
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