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The security is held by a neutral third party known as the trustee. With a deed of trust, the mortgagor (borrower) is called the trustor and the mortgagee (lender) is called the beneficiary. The correct answer is: The trustee. What is the disadvantage to a lender if the lender accepts a "deed in lieu of foreclosure?"

General Warranty Deed It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home ? even dating back to prior property owners. This quality of coverage is why most lenders will require you to get a general warranty deed when buying your house.

A general warranty deed is the most common type of deed used for transferring real estate. It basically promises that: not only does the seller have good and proper title to sell the property, but all the prior owners also had good title, thus making a complete ?chain of ownership?; and.

A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.

The state laws and regulations which landlords must follow in returning or keeping earnest money deposits and in charging ?credit check fees? are at Wis. Admin. Code DATCP § 134.05. If a landlord does not follow these rules, you may be able to sue the landlord for double your money losses and reasonable attorney fees.

A Wisconsin month-to-month rental agreement, or ?tenancy-at-will?, is a lease that continues until terminated by either the landlord or tenant. When terminating, at least twenty-eight (28) days' notice will be required. The sender is recommended to use certified mail with a return receipt from the USPS.