Finance
In West Virginia, a deed of trust differs from a mortgage in that a deed of trust involves:
ATwo parties: borrower and lender
BThree parties: borrower (trustor), lender (beneficiary), and a neutral trustee✓ Correct
CThe state as a co-signer
DA 30-year fixed term by law
Explanation
A deed of trust involves three parties: the trustor (borrower) who grants title to the trustee, the lender (beneficiary) who holds the note, and the neutral trustee who holds bare legal title until the loan is repaid.
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