2. Once a person is aware of another's rights or interest in property, that person is said to have A. Actual notice B. Legal notice C. Constructive notice D. Inquiry notice 3. Which of the following would "Not" be defined as a party to a contract? A. Buyer B. Friend C. Seller D. Tenant 4. Property taxes, insurance, loan interest, etc., may be divided between the buyer and seller by the process of A. Appropriation B. Allocation C. Proportioning D. Proration 5. Evidence of the amount and terms of a borrower's debt to a lender is provided by means of a A. Deed of trust B. First mortgage C. Promissory note D. Mortgage 6. When a deed of trust is recorded, bare title is conveyed by the A. Borrower to the trustee B. Trustee to the lender C. Lender to the borrower D. Borrower to the lender 2. Once a person is aware of another's rights or interest in property, that person is said to have A. Actual notice B. Legal notice C. Constructive notice D. Inquiry notice 3. Which of the following would "Not" be defined as a party to a contract? A. Buyer B. Friend C. Seller D. Tenant 4. Property taxes, insurance, loan interest, etc., may be divided between the buyer and seller by the process of A. Appropriation B. Allocation C. Proportioning D. Proration 5. Evidence of the amount and terms of a borrower's debt to a lender is provided by means of a A. Deed of trust B. First mortgage C. Promissory note D. Mortgage 6. When a deed of trust is recorded, bare title is conveyed by the A. Borrower to the trustee B. Trustee to the lender C. Lender to the borrower D. Borrower to the lender