California Real Estate Practice Exam

In the context of a trust deed used as security for a debt, who gives the deed?

1. Trustee

2. Beneficiary

3. Trustor

4. Notary

The correct answer is: Trustor

In the context of a trust deed, the trustor is the one who creates the trust and gives the deed to the beneficiary as security for a debt. The trustee is responsible for managing the trust, but does not give the deed. The beneficiary receives the deed as security, but does not give it. A notary is a public officer who witnesses and certifies the signing of legal documents, but does not give the deed in this context. Therefore, trustor is the correct answer as they are the one who actually gives the deed in this situation.