Transactions involving deeds of trust are normally structured, at least in theory, so that the lender / beneficiary gives the borrower / trustor the money to buy the property; the borrower / trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower / trustor; and the borrower / trustor immediately executes a deed of trust giving the property to the trustee to be held in trust for the lender / beneficiary. In reality, an escrow holder is always used so that the transaction does not close until the escrow holder has the funds, grant deed, and deed of trust in their possession. This ensures the transaction can be easily rescinded if one party is unable to complete its part of the deal.
who signs the assignment of deed of trust
the borrower / trustor the borrower / trustor the borrower / trustor the borrower / trustor