Property Ownership
A Washington property is subject to a deed of trust. Who are the three parties to a deed of trust in Washington?
ABuyer, seller, and title company
BTrustor, beneficiary, and trustee✓ Correct
CMortgagor, mortgagee, and guarantor
DGrantor, grantee, and escrow officer
Explanation
A deed of trust in Washington involves three parties: the trustor (borrower), the beneficiary (lender), and the trustee (neutral third party who holds legal title as security). Washington uses deeds of trust rather than mortgages.
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