What is generally required from the borrower in a deed of trust transaction?

In a deed of trust transaction, the borrower is typically required to agree to the loan terms. This agreement is essential as it outlines the borrower's obligations, including repayment terms, interest rates, and other conditions relevant to the borrowing arrangement. By agreeing to these terms, the borrower acknowledges their commitment to repay the loan under the specified conditions, which is a fundamental aspect of any lending agreement.

While other options may hold importance in the context of a real estate transaction, they do not reflect the specific requirement from the borrower within a deed of trust scenario. For example, legal title to the property is usually held by a trustee, rather than the borrower directly, emphasizing the borrower's obligation rather than ownership. Insurance against property loss is a common requirement related to protecting the collateral for the loan but is not strictly an obligation of agreement. Payment of closing costs may be necessary, but again, it does not encompass the primary agreement that defines the borrower's duties under the deed of trust. Therefore, agreeing to the loan terms is the most appropriate answer because it captures the essence of the borrower's primary responsibility in the transaction.