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  2. Deed of trust (real estate) - Wikipedia

    en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

    A deed of trust refers to a type of legal instrument which is used to create a security interest in real property and real estate.In a deed of trust, a person who wishes to borrow money conveys legal title in real property to a trustee, who holds the property as security for a loan from the lender to the borrower.

  3. Here's the right way to lend or gift money to help your loved ...

    www.aol.com/finance/heres-way-lend-gift-money...

    For a loan, start with an agreement. ... Eckels said it was particularly important for the person lending the money to have a lien on the property in order to be able to use it as collateral in ...

  4. Mortgage law - Wikipedia

    en.wikipedia.org/wiki/Mortgage_law

    The mortgage runs with the land, so even if the borrower transfers the property to someone else, the mortgagee still has the right to sell it if the borrower fails to pay off the loan. So that a buyer cannot unwittingly buy property subject to a mortgage, mortgages are registered or recorded against the title with a government office, as a ...

  5. Security agreement - Wikipedia

    en.wikipedia.org/wiki/Security_agreement

    The document used by lenders to obtain a lien on real property is a mortgage or deed of trust. The security agreement sets out the various rights the grantee will have with respect to the collateral, which are in addition to all other rights which the lender may have by law, such as those rights contained in Article 9 of the Uniform Commercial ...

  6. Co-signers. Co-borrowers. Have no title or ownership in the property the funds are for. Are on the title or have some claim to the property. Are legally obligated to repay the loan, but only ...

  7. Loan agreement - Wikipedia

    en.wikipedia.org/wiki/Loan_agreement

    Loan agreements offered by regulated banks are different from those that are offered by finance companies in that banks receive a "banking charter" granted as a privilege and involving the "public trust". Loan agreements are usually in written form, but there is no legal reason why a loan agreement cannot be a purely oral contract (although ...

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