What does trust deed mean?
Definitions for trust deed
trust deed
This dictionary definitions page includes all the possible meanings, example usage and translations of the word trust deed.
Princeton's WordNet
trust deed, deed of trustnoun
a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note
Wiktionary
trust deednoun
A deed conveying property to a trustee, for some specific use.
ChatGPT
trust deed
A trust deed, also known as a deed of trust, is a legal document or agreement used in real estate, in which the borrower transfers the title of its property to a trustee. The trustee holds this as a security for a loan between a borrower and lender. The deed states the amount of the loan, the borrower's obligations, and the lender's rights in case of a default. If the borrower can't repay the loan, the trustee has the power to sell the property and pay the lender back from the proceeds. A trust deed serves as evidence of the debt and the lender's security interest in the property.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of trust deed in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of trust deed in Pythagorean Numerology is: 8
Translations for trust deed
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"trust deed." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/trust+deed>.
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