deed of trust Antonyms

No Synonyms and anytonyms found

Meaning of deed of trust

Wordnet

deed of trust (n)

a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note

deed of trust Sentence Examples

1. When purchasing a home, the buyer signs a deed of trust to secure the loan with the property.
2. The deed of trust serves as collateral for the mortgage lender.
3. The deed of trust outlines the terms and conditions of the loan agreement.
4. In a deed of trust arrangement, the borrower transfers legal title to a trustee until the loan is repaid.
5. The deed of trust provides protection for both the borrower and the lender.
6. An attorney typically drafts the deed of trust to ensure legal compliance.
7. Failure to repay the loan according to the terms outlined in the deed of trust can result in foreclosure.
8. Once the loan is paid off, the trustee releases the deed of trust, returning legal title to the borrower.
9. The deed of trust is recorded with the county clerk's office to create a public record of the mortgage lien.
10. The deed of trust is an essential document in real estate transactions involving financing.

FAQs About the word deed of trust

What is the meaning of the word deed of trust

a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note

What are the synonyms of the word deed of trust

No synonyms found.

What are the antonyms of the word deed of trust

No antonyms found.

What is the usage of word deed of trust

When purchasing a home, the buyer signs a deed of trust to secure the loan with the property.

The deed of trust serves as collateral for the mortgage lender.

How to use the word deed of trust in a sentence?

The deed of trust outlines the terms and conditions of the loan agreement.

In a deed of trust arrangement, the borrower transfers legal title to a trustee until the loan is repaid.