Florida Real Estate Exam

Answer B - The trustee receives the bare or naked title (the right of conveyance) which creates the lien when the Deed of Trust is recorded. When the loan is paid in full, the Trustee re-conveys the title back to the Trustor (borrower) through the issuance and recording of the deed of reconveyance. Should the loan go into default, then after the publication period, the Trustee would hold a Trustee's Sale and convey the title to the successful bidder.