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Today, Joe from Prep Agent discusses trustees in real estate. Trustees are important in trust deeds with three main parties: trustor, trustee, and beneficiary. The trustor is the person seeking a loan to buy a house, while the trustee holds the legal title to the property. Beneficiaries are those who benefit from the trust agreement. Remember, the roles of these parties may vary by state, so check local laws. Understanding these roles is crucial in real estate transactions.