1 Articles match "Land","Residential","Trust Deed"

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Glossary of Foreclosure and Real Estate Terminology - Realtytrac
Bankruptcy does not discharge obligations secured by an assessment lien. Declaration of Default A document directing a Trustee to sell the trust property to satisfy a specified and unpaid obligation. Deed of Trust A legal document in which the borrower conveys the title to a 3rd party (trustee) to hold as security for the lender. When the loan is paid in full the trustee reconveys the deed to the borrower. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
www.realtytrac.com - Tuesday, February 3, 2009
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  • Glossary of Foreclosure and Real Estate Terminology - Realtytrac
    Bankruptcy does not discharge obligations secured by an assessment lien. Declaration of Default A document directing a Trustee to sell the trust property to satisfy a specified and unpaid obligation. Deed of Trust A legal document in which the borrower conveys the title to a 3rd party (trustee) to hold as security for the lender. When the loan is paid in full the trustee reconveys the deed to the borrower. Check out our NEW Features! Login Why Join? FREE Trial Feedback Help
    www.realtytrac.com - Tuesday, February 3, 2009
    READ MORE