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Trust Deed

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Trust deed
Agreement between trustee and borrower setting out terms of a bond.
Trust Deed
1. In real estate, an agreement in which the title to the property is held in a trust until the mortgage is paid. A trust deed is not given to the homeowner in order to provide an extra amount of security for the lender; the trustee for a trust deed does nothing except in the event of default, in which case the trustee sells the real estate.

2. An agreement stating the terms of a trust. A trust deed is most common when mutual funds are held in trust, and outlines the responsibilities and restrictions on the fund.
trust deed
See indenture.
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If you enter into a Trust Deed you should set out in your will who is to be the beneficiary of your share of the value in the property.
The issues of co-ownership; There are important issues to be ... by The Journal (Newcastle, England)
A total of 6294 personal insolvencies - either bankruptcies or protected trust deeds - were recorded in the first three months of this financial year.
Bankrupt Scots on the rise by Daily Record (Glasgow, Scotland)
And we account for $23 million of that," his son says, referring to the trust deed purchases involving Florence residents and the Huntingdons' friends and family.
Longtime investor defends role in case by The Register-Guard (Eugene, OR)
 
 
 
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