Transfer Of TitleTaxesHARD
A trustor is not considered to be in default when they:
Correct Answer
A) fail to upgrade their property in anticipation of future trends.
The trustor is the borrower who gives the deed of trust as security for the loan.
Answer Options
A
fail to upgrade their property in anticipation of future trends.B
commit waste to a property.C
are delinquent in their property taxes.D
fail to maintain property insurance.Audio Lesson3 min
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Related Topics & Key Terms
Related Topics:
deed-of-trust-foreclosure-processborrower-covenants-in-security-instrumentsproperty-tax-prioritieswaste-in-real-estate
Key Terms:
deed of trusttrustor defaultCalifornia Civil Code 2924waste covenantdeed of trust covenants
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