California Real Estate Salesperson Exam Practice – Quesiton 40

Concepts Definitions

Unlawful Detainer: A special court proceeding used by a landlord (lessor) to evict a tenant (lessee) from a property for reasons such as nonpayment of rent or holding over after the lease expiration.

Lessor: The owner of real property who rents it to another person; a landlord.

Trustor: The borrower or owner in a deed of trust transaction, who grants the property as security for a debt.• Promissory Note: A borrower’s signed promise to repay a loan to a specific person under specific terms.

Grantor: The person conveying an interest in real property; typically the seller in a deed.

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