Deed of Trust in United States

Practical Information

Note: Some of this information was last updated in 1982

An instrument in use in some of the states and the District of Columbia by which legal title to real estate is conveyed to a third party; to be held in trust for a lender until the debt secured by the instrument is paid. It is, in effect, a mortgage (in U.S. law) with three parties: the borrower, the lender, and the trustee. This security instrument is also known as trust deed (in U.S. law), but the term trust deed is more generally applied to the security for a corporate bond issue.

(Revised by Ann De Vries)

What is Deed Of Trust?

For a meaning of it, read Deed Of Trust in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Deed Of Trust.

See Also

Trust Deed in this Legal Encyclopedia
Trust Deed definition in the Law Dictionary

All-inclusive Deed of Trust in the context of Real Estate

Resurces

See Also

• Wrap-Around Mortgage

Assumption of Deed of Trust in the context of Real Estate

Resurces

See Also

• Assumption of Mortgage

Blanket Deed of Trust in the context of Real Estate

Resurces

See Also

• Blanket Mortgage