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Transactions involving deeds of trust are normally structured, at least in theory, so that the lender/beneficiary gives the borrower/trustor the money to buy the property; the borrower/trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower/trustor; and the borrower/trustor immediately executes a deed of trust giving the property to the ...
In trust law, a trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust ; testamentary trusts are usually created under a will .
Trust deed or deed of trust may refer to: Deed of trust (real estate), as distinguished from the general concept of a deed; Trust instrument, a legal instrument in ...
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The names of these offices are usually the "Recorder of Deeds" or something similar. State statutes also prescribe the following elements: What instruments are entitled to be recorded, usually deeds, mortgages (whether or not in the form of deeds of trust), leases (usually longer term varieties), easements, and court orders. There is generally ...
This is a list of abbreviations used in law and legal documents. It is common practice in legal documents to cite other publications by using standard abbreviations for the title of each source.
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However, the Chicago Manual of Style now recommends use of the uppercase two-letter abbreviations, with the traditional forms as an option. [17] The postal abbreviation is the same as the ISO 3166-2 subdivision code for each of the fifty states. These codes do not overlap with the 13 Canadian subnational postal abbreviations.