Who would sign a deed of reconveyance?

A deed of reconveyance is a legal document used to transfer the title of real property back to the trustor, indicating that the debt secured by the deed of trust has been satisfied. The trustee, who is typically a neutral third party, plays a crucial role in this process. It is the trustee who signs the deed of reconveyance once the borrower has paid off their loan obligations. This signing is essential because it provides official documentation that the borrower has fulfilled their requirements under the deed of trust, allowing for the property to be returned to them free of the mortgage obligation.

The trustor is the party that originally took out the loan and placed the property into trust, while the beneficiary is the lender or the entity that benefits from the loan. The vendor refers more to a seller in a sales transaction context and is not involved in the reconveyance process. Therefore, the correct answer reflects the critical role of the trustee in the reconveyance process, ensuring that the title is cleared and returned to the rightful owner.