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In a Deed of Trust Transaction,when a Trustee Sells the Property

Question 32

Multiple Choice

In a deed of trust transaction,when a trustee sells the property and the proceeds generate a deficiency:


A) the borrower is relieved of all obligations to the lender.
B) the lender may sue the borrower on the debt and recover a judgment.
C) the lender may sue the trustee.
D) the trustee may sue the borrower.

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