On September 30, 1983, Daniels offered to buy Barnes' home. The offer was accepted and escrow opened. Barnes had purchased the home in 1978, financing it by an FHA loan, on which he was then currently making payments. A preliminary title report dated September 30, 1983 will:

A: Include exactly the same information as a future standard policy of title insurance issued on the close of escrow;
B: Show the particulars of a deed of trust with Barnes as trustor;
C: Bind the title company for insurance in an amount equal to the purchase price;
D: Show title vested in Daniels.

Answer: B: Show the particulars of a deed of trust with Barnes as trustor;