Question

Under the Oregon Trust Deed Act, which of the following would not be a qualified trustee?

Select one:
a. An attorney who is an active member of the Oregon State Bar
b. A title insurance company
c. A principal real estate broker
d. The United States Government

Answer 1

Under the Oregon Trust Deed Act, the United States Government would not be considered a qualified trustee.

Step-by-step explanation:

Under the Oregon Trust Deed Act, a qualified trustee must meet certain qualifications.

An attorney who is an active member of the Oregon State Bar, a title insurance company, and a principal real estate broker would all be considered qualified trustees under the Act.

However, the United States Government would not be considered a qualified trustee under the Oregon Trust Deed Act.