Deed trust

Deed trust

Please select 2 terms from a Finance Instrument (e.g. a deed, Deed of Trust, Mortgage, Note, etc.) used in the real estate finance industry.

List and define 2 terms or conditions from that instrument. Write 1 to 4 pages for each term explaining the meaning of the term, why the term is important, to whom the term is important (buyer, seller, real estate agent or lender) and list any important issues and concerns, or advantages and disadvantages.

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Deed Trust Terms
Deed of Trust
The deed of trust is fundamentally a contract between a borrower and a lender to offer the property to an impartial third party who will play the role of a trustee (Smith &Trubestein, 2018). The trustee stays with the property up to when the borrower settles the debt. Amid the duration of repayment,

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