Final answer:
When transferring fee simple title to real property that has been financed by a first deed of trust, you must first satisfy the obligations of the first deed of trust.
Step-by-step explanation:
When transferring fee simple title to real property that has been financed by a first deed of trust, you must first satisfy the obligations of the first deed of trust. This means paying off the outstanding balance on the loan secured by the first deed of trust.