deed of trust

A deed conveying title to real property to a trustee as security until the grantor repays a loan.

• This type of deed resembles a mortgage.

— Also termed trust deed; trust indenture; indemnity mortgage.

— Also termed common-law mortgage. [Cases: Mortgages 8. C.J.S. Mortgages §§ 5–6, 10.]

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词条贡献者

译者Joanne，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与房地产业相关的法律文件。