deed of trust

deed of trust
deed of trust see deed

Merriam-Webster’s Dictionary of Law. . 1996.

deed of trust
n.
A deed that transfers the title of property to a trustee as a security; used instead of a mortgage in some states.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


deed of trust
Category: Bankruptcy, Foreclosure & Debt → Foreclosure
Category: Real Estate & Rental Property → Buying a House

Nolo’s Plain-English Law Dictionary. . 2009.


deed of trust
A document that embodies the agreement between a lender and a borrower to transfer an interest in the borrower's land to a neutral third party, a trustee, to secure the payment of a debt by the borrower.

Dictionary from West's Encyclopedia of American Law. 2005.


deed of trust
A document that embodies the agreement between a lender and a borrower to transfer an interest in the borrower's land to a neutral third party, a trustee, to secure the payment of a debt by the borrower.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

deed of trust
n.
   a document which pledges real property to secure a loan, used instead of a mortgage in Alaska, Arizona, California, Colorado, Georgia, Idaho, Illinois, Mississippi, Missouri, Montana, North Carolina, Texas, Virginia and West Virginia. The property is deeded by the title holder (trustor) to a trustee (often a title or escrow company) which holds the title in trust for the beneficiary (the lender of the money). When the loan is fully paid, the trustor requests the trustee to return the title by reconveyance. If the loan becomes delinquent the beneficiary can file a notice of default and, if the loan is not brought current, can demand that the trustee begin foreclosure on the property so that the beneficiary may either be paid or obtain title.

Law dictionary. . 2013.

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Look at other dictionaries:

  • deed of trust — deed of trust/ Sometimes called a trust deed A three party document conveying interest in property, almost always real estate, to a trustee. In many states, deeds of trust are used instead of mortgages. In those states, the trustee holds the deed …   Financial and business terms

  • Deed of trust — can refer to: *Trust deed (real estate) in law, a form of mortgage *A legal trust instrument *Deed of Trust (album) music album …   Wikipedia

  • Deed of trust — Indenture. The New York Times Financial Glossary * * * deed of trust ˌdeed of ˈtrust noun deeds of trust PLURALFORM [countable] LAW PROPERTY FINANCE in the US, a change of ownership of a property to a …   Financial and business terms

  • deed of trust — A conveyance creating a trust in real estate; a conveyance given as security for the performance of an obligation, which is generally regarded as containing the elements of a valid mortgage. 36 Am J1st Mtg § 16. A species of deed which is in the… …   Ballentine's law dictionary

  • Deed of Trust (album) — For the legal term, see Trust deed Infobox Album Name = Deed of Trust Type = studio Artist = Circuit Riders Released = 2000 Recorded = Genre = Length = Label = Producer = Reviews = Last album = This album = Next album = Deed of Trust is an album… …   Wikipedia

  • deed of trust — noun a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note • Syn: ↑trust deed • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑legal document, ↑legal instrument, ↑ …   Useful english dictionary

  • deed of trust. — See trust deed. * * * …   Universalium

  • deed of trust. — See trust deed …   Useful english dictionary

  • deed of trust — document which gives a person legal responsibility (for property, etc.) …   English contemporary dictionary

  • deed — 1 n 1: something done: act (1) my free act and deed 2: a written instrument by which a person transfers ownership of real property to another see also deliver …   Law dictionary

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