deed of trust

listen to the pronunciation of deed of trust
English - Turkish
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English - English
An instrument used in many states in place of a mortgage by which real property is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary), to secure repayment of a debt
An instrument used in many states in place of a mortgage Property is transferred to a trustee by the borrower (trustor) in favor of the lender (beneficiary), and reconveyed upon payment in full
In some states, the document used in place of a mortgage It is a conveyance of the title to land to a trustee as collateral for security of payment of a debt with the condition that the trustee reconveys the title upon the payment of the debt In the event of default on the part of the debtor, the trustee has the power to sell the land and satisfy the debt
The document used in some states instead of a mortgage; title is conveyed to a trustee to be held in trust as security for the lender
in some states a document used in place of a mortgage; a type of security instrument in which the borrower conveys title to real property to a third party to be held in trust as security for the lender, with the provision that the trustee shall reconvey the title upon the payment of the debt, and conversely, will sell the land and pay the debt in the event of a default by the borrower
In some sates, this is used in place of a mortgage or a deed to secure debt While there are only two people involved in a mortgage, the borrower and the lender, there are three people involved in a deed of trust: the borrower, the lender and the trustee Here, the borrower transfers the legal title for the property to the trustee who holds the properly as a security for the debt If the borrower pays the mortgage as agreed, the trustee gives the legal title to the owner If the borrower does not pay the mortgage as agreed, the trustee can sell the property
The document used in some states instead of a mortgage; title is conveyed to a trustee rather than to the borrower
a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note
In some states, this document is used in place of a mortgage Property is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary), and reconveyed upon payment in full
The document used in some states instead of a mortgage: title is conveyed to a trustee rather than to the borrower
In some states, this is used in place of a mortgage or deed to secure debt While there are only two people involved in a mortgage, the borrower and the lender, there are three people involved in a deed of trust: the borrower, the lender and the trustee Here, the borrower transfers the legal title for the property to the trustee who holds the property as a security for the debt If the borrower pays the mortgage as agreed, the trustee gives the legal title to the owner If the borrower does not pay the mortgage as agreed, the trustee can sell the property (See Mortgage)
A written instrument that conveys or transfers property to a trustee Property is transferred by the borrower to a trustee, who holds it as security for the payment of debt, and upon full payment of the debt is reconveyed to the borrower In some states, a deed of trust is used in place of a mortgage
The document used in some states instead of a mortgage Title is conveyed to a trustee
A document by which the title to the property is pledged as security for the repayment of a loan It involves three parties: the borrower, the trustee, and the lender (or beneficiary) The borrower transfers the legal title for the property to the trustee who holds the property in trust as security for the payment of the debt to the lender or beneficiary
A document, used in many states in place of a mortgage, held by a trustee pending repayment of the loan The advantage of a deed of trust is that the trustee does not have to go to court to proceed with foreclosure should the borrower default on the loan
>> A security instrument used in some states in place of a mortgage by which legal title is conveyed to one or more trustees to secure the repayment of a debt
Synonymous to a mortgage A deed of trust or mortgage is obtained, depending on the state in which the borrower will reside
Used in many states in lieu of a mortgage to secure the payment of a note In a deed of trust there are three parties - the borrower, the trustee, and the lender, (or beneficiary) In such a transaction, the borrower transfers the legal title for the property to the trustee who holds the property in trust as security for the payment of the debt to the lender or beneficiary If the borrower pays the debt as agreed, the deed of trust becomes void If, however, he/she defaults in the payment of the debt, the trustee may sell the property without a court proceeding
An instrument used in many states in place of a mortgage Property is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary) and reconveyed upon payment in full
document which gives a person legal responsibility (for property, etc.)
The document used in some states instead of a mortgage; title is conveyed to a trustee
Like a mortgage, a security instrument whereby real property is given as security for a debt However, in a deed of trust there are three parties to the instrument: the borrower, the trustee and the lender (or beneficiary) In such a transaction, the borrower transfers the legal title for the property to the trustee who holds the property in trust as security for the payment of the debt to the lender or beneficiary If the borrower pays the debt as agreed, the deed of trust becomes void If, however, he defaults in the payment of the debt, the trustee may sell the property at a public sale, under the terms of the deed of trust In most jurisdictions where the deed of trust is in force, the borrower is subject to having his property sold without benefit of legal proceedings A few States have begun in recent years to treat the deed of trust like a mortgage
A legal document in which the borrower conveys the title to a 3rd party (trustee) to hold as security for the lender When the loan is paid in full the trustee reconveys the deed to the borrower If the borrower defaults on the loan the trustee will sell the property and pay the lender the mortgage debt
A legal document that conveys title to real property to a third party The third party holds title until the owner of the property has repaid the debt in full
deed of trust

    Turkish pronunciation

    did ıv trʌst

    Pronunciation

    /ˈdēd əv ˈtrəst/ /ˈdiːd əv ˈtrʌst/

    Etymology

    [ 'dEd ] (noun.) before 12th century. Middle English dede, from Old English d[AE]d; akin to Old English dOn to do.
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