Property Ownership
A Wisconsin seller's deed of trust, if used instead of a mortgage, would involve a trustee who holds:
AThe purchase price in escrow
BLegal title to the property as security for the loan✓ Correct
CThe title insurance policy
DThe earnest money deposit
Explanation
In a deed of trust arrangement, the trustee holds legal title to the property as security for the lender until the loan is repaid. Note: Wisconsin primarily uses mortgages rather than deeds of trust.
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