Question: 10. What is the document given by a trustee to a grantor when a note secured by a a. Request for reconveyance & redemption b.

 10. What is the document given by a trustee to a

10. What is the document given by a trustee to a grantor when a note secured by a a. Request for reconveyance \& redemption b. Deed of reconveyance c. Deed of trust d. Trust deed 11. If you have a mortgage, you always have an accompanying promissory note? a. True b. False 12. 12 If you have a promissory note you will always have an accompanying mortgage or trust deed? a. True b. False 13. The seller in a land sale contract is called the a. Grantee b. Vendor c. Vendee d. Optionor 14. A common document used to eliminate the lien of a land sale contract is a a. Satisfaction b. Option c. Trust Deed d. Mortgage 15. Legal title, when a land sale contract is used, is held by the a. vendor

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!