deed of trust

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Deed of trust

Indenture

A contract for a bond. An indenture sets the terms of the bond; for example, it includes the coupon rate, the period until maturity, and whether the bond comes with any special features like convertibility or whether it is callable. All bonds must have an indenture. Indentures are usually summarized in a bond's prospectus.

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.

deed of trust

A security instrument used to grant rights in real property to a lender. It is used in some states; other states use mortgages to accomplish the same goal.With a deed of trust, title to the property is transferred to a trustee,who holds it in trust for the borrower's benefit until such time as the loan has been paid in full. At that time, the trustee will transfer legal title back to the borrower by way of a deed of reconveyance.If there is a default and foreclosure,it is the trustee who conveys the property to another.

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(84) One such argument, based on the Federal Foreclosure Bar, was that a first mortgage or first deed of trust could not be extinguished by an association's foreclosure without the Agency's consent.

Raising the Bar: The Ninth Circuit's Troubling Interpretation of the Federal Foreclosure Bar

Ocwen Loan Servicing, L.L.C., MERS's involvement in the loan effectively led to the stripping of a deed of trust lien from the land.

Two faces: demystifying the Mortgage Electronic Registration System's land title theory

The number of days students attended darulhuffaz were determined by the deed of trust of darulhuffaz.

Darulhuffaz of Nasuh Bey: a religious school in Konya, Turkey, during the era of Karamanid Dynasty (1256-1483) and Ottoman Empire (1299-1922)

Push for a deed of trust instead of a land contract.

Some tips for real estate buyers

The deed of trust incorporates Housing and Urban Development regulations.

Rescission is available remedy to wrongful foreclosure claim

Fountainhead provided the $3,390,429 1st deed of trust, allowing the borrower to acquire this hotel with attractive, long-term fixed interest rate financing at approximately 50% loan-to-value.

Fountainhead Commercial Capital Finances $6.7 Million Hotel Purchase Near Denver

When MERS appears in uniform security instruments, MERS is formally designated as the mortgagee (or "grantee" or "beneficiary," depending on whether state law recognizes a mortgage, security deed or deed of trust as the security instrument), as nominee for the original lender and the lender's successors and assigns.

MERS weathers the storm: in case after case, the MERS legal framework is passing muster in the courts. The basic business model is being affirmed despite challenges brought by defaulting borrowers

A deed of trust was assigned to Interquake Properties of Bellevue in June 2011.

Unemployment insurance tax office closes to walk-ins: more changes possible when Bridge Street building lease ends

(2) The security instrument may be a mortgage, a deed of trust, or (in Georgia) a security deed.

A proposal for a National Mortgage Registry: MERS done right

The promissory note was secured by a deed of trust on several parcels of property.

Failure to comply with rules governing appellate briefs will preclude appellate review of trial court's decision to grant summary judgment

At the time the easement was granted, the deed of trust securing the debt to Sheek was not subordinated to the easement.

No deduction allowed for contribution of easement

However, if the girlfriend wanted some of her equity from the house to go elsewhere, this would have to be specified in a Deed of Trust when buying the house.

Make a will when you're buying your love nest; To mark National Marriage Week solicitor Jacqueline Emmerson warns homebuyers of the long-term implications of buying a home together without being married