Real Estate Terms

 

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Trust Deeds

Q:
What are Trust Deeds?
 
A:
When a lender makes a loan on real estate they record a Trust Deed with the county recorder’s office. The Trust Deed is a document showing a lien against the property by a lender so when the property is transferred or sold, the lender is sure to be repaid. This is similar to a lien holder on a pink slip for a car.
 

 

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