Final answer:
The correct answer is C) Trustee, which refers to the party that holds the title in a trust and signs the reconveyance deed once the property loan is paid off.
Step-by-step explanation:
A reconveyance deed is a document typically used in real estate transactions to transfer the title of a property back to the borrower (the grantor) once a mortgage is fully paid off. It is a way of clearing the lien on the property held by the lender (beneficiary) through the trustee.
In the context of this particular question, the correct answer would be C) Trustee. The trustee is the party that holds the title to the property in trust for the beneficiary until the loan is paid off, at which point the trustee signs the reconveyance deed to reconvey, or transfer, the property back to the grantor.