In Virginia, a deed of trust involves how many parties?

A deed of trust involves three parties, not two. This misconception likely stems from confusing it with a mortgage, which typically involves only the borrower and lender without a trustee.

A deed of trust does not involve four parties. This might be an overcounting error where students incorrectly add another party like an escrow agent or attorney who may be involved in the transaction but not in the core deed of trust relationship.

A deed of trust cannot involve only one party as it requires at minimum a borrower and lender relationship, plus a trustee. This option demonstrates a fundamental misunderstanding of the security instrument concept.