A Deed of Trust involves at least three parties: the Grantor (Borrower), Lender and Trustee. The Deed of Trust transfers ownership of the property to the Trustee who holds the property "in Trust" for the Grantor until the Lender is paid in full. Should the Grantor fail to pay the debt as required under the terms of the Deed of Trust, the Trustee may foreclose on the property and distribute the loan proceeds to the Lender. Any excess amounts would belong to the Grantor. Once a Borrower has satisfied the terms of the Deed of Trust, the Lender must execute a Deed of Release reconveying the property to Grantor.