Finance
In a South Dakota deed of trust, who holds legal title to the property during the loan period?
AThe borrower (trustor)
BThe lender (beneficiary)
CThe trustee✓ Correct
DThe South Dakota Division of Banking
Explanation
In a deed of trust, the trustee holds legal title to the property as security for the loan. The trustor (borrower) retains equitable title and possession.
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