Full question:
Can the Grantor be the trustee and the beneficiary on a deed of trust? We are doing a seller finance and an attorney is not drawing the documents.
- Category: Real Property
- Subcategory: Deeds
- Date:
- State: Texas
Answer:
The deed of trust is an agreement between three parties: the Grantor (owner), the Trustee (who has the power of sale) and the Beneficiary (lender).
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