Escrow & Title
A 'deed in trust' in Tennessee is used when:
AA property is placed into a living trust for estate planning purposes✓ Correct
BA borrower grants a deed of trust as security for a real estate loan
CThe county holds a deed pending payment of taxes
DTwo parties jointly purchase property
Explanation
A deed in trust is used to transfer real property into a trust — commonly a revocable living trust for estate planning. The trustee holds legal title while the trust beneficiaries hold equitable title and the benefits of ownership.
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