trust deed

(redirected from trust deeds)
Also found in: Dictionary, Thesaurus, Legal.

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.
References in periodicals archive ?
Scottish Trust Deed also works with IVA, another type of legislative debt solution that helps to lower monthly repayments and write off unaffordable and unsecured debts.
In the 19th century, schools were often donated to the Church by way of a trust deed.
One of the things he wanted us to invest in was a trust deed, with Borstelmann - $10,000.
Much of that debt has now worked its way through the system, resulting in the current fall in bankruptcies and protected trust deeds.
com would indicate a portfolio of outstanding trust deeds totaling $38 million - assuming all of the company's income was derived from the half-percent portion of loan interest.
With this innovative calculator, investors can handily investigate "what if" scenarios when working with Trust Deeds and Discounted Notes.
The trust deed Scotland based website now has a modern look and feel, and is much easier to navigate.
Additionally, the subject of protected trust deeds is covered in great detail, in a series of guides, news articles and blogs available on the Trust-Deed.
The Edinburgh company reported a 40 per cent rise in the number of trust deeds signed up in the three months to September 30 to 225.
Burakoff, president of Gardena-based Univest Home Loans since the late 1980s, offered his pals at the club third trust deeds on residential and commercial properties in the Los Angeles area.
CEA's two new online offerings include "All-Inclusive Trust Deeds and Land Contracts" and "Agency Status of Escrow Holder.
Scottish trust deeds give creditors who consent to this insolvency option a higher right to recover their funds from debtors; creditors who do not consent to trust deeds don't have a higher right to seek recovery of their funds from debtors.