A trustee has legally begun the process to sell property secured by a trust deed. After the notice of default is recorded, the trustee must wait at least three months before:
A: The foreclosure is final;
B: Issuing the reconveyance deed;
C: Publishing the notice of sale;
D: Conveying title to the beneficiary.
Answer: C: Publishing the notice of sale;
Business
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A) he takes the negotiable instrument for value B) he is subject to claims and defenses against the transferor C) he is in possession of an instrument issued in his name D) he is in possession of an instrument issued in another's name
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a. True b. False
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