trust deed
trust deed see deed

Merriam-Webster’s Dictionary of Law. . 1996.

trust deed
It is generally considered appropriate to establish an occupational pension scheme by way of a trust in order to separate the scheme assets (contributions) from those of the employer (company) and to ensure that the company does not become liable for the scheme. The trust will be established by way of a trust deed, and the assets will be the responsibility of the trustees (either individuals or a corporate trustee) who must act in the best interests of the beneficiaries i.e. the scheme members and pensioners.

Easyform Glossary of Law Terms. — UK law terms.


trust deed
The most common instrument of financing real estate purchases in California and some other states (most states use mortgages). The trust deed transfers the title to the property to a trustee — often a title company — who holds it as security for a loan. When the loan is paid off, the title is transferred (reconveyed) to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can generally sell the property in a nonjudicial foreclosure and pay the lender from the proceeds.
Category: Bankruptcy, Foreclosure & Debt → Foreclosure
Category: Real Estate & Rental Property → Buying a House

Nolo’s Plain-English Law Dictionary. . 2009.


trust deed
A legal document that evidences an agreement of a borrower to transfer legal title to real property to an impartial third party, a trustee, for the benefit of a lender, as security for the borrower's debt.

Dictionary from West's Encyclopedia of American Law. 2005.


trust deed
A legal document that evidences an agreement of a borrower to transfer legal title to real property to an impartial third party, a trustee, for the benefit of a lender, as security for the borrower's debt.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

trust deed
n.
   another name for a deed of trust, a form of mortgage used in some states, in which title is transferred to a trustee to protect the lender (beneficiary) until the loan is paid back.
   See also: deed of trust

Law dictionary. . 2013.

Look at other dictionaries:

  • trust deed — deed of trust/ Sometimes called a trust deed A three party document conveying interest in property, almost always real estate, to a trustee. In many states, deeds of trust are used instead of mortgages. In those states, the trustee holds the deed …   Financial and business terms

  • Trust deed — Trust Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on… …   The Collaborative International Dictionary of English

  • Trust deed — Deed of trust may refer to: Trust deed (real estate) Trust instrument, a legal instrument in common law systems Trust Deed (Protected), used in Scottish law Deed of Trust (album), music album This disambiguation page lists articles associated… …   Wikipedia

  • trust deed — noun a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note • Syn: ↑deed of trust • Topics: ↑law, ↑jurisprudence • Hypernyms: ↑legal document, ↑legal instrument, ↑ …   Useful english dictionary

  • Trust deed — Agreement between trustee and borrower setting out terms of bond. The New York Times Financial Glossary * * * trust deed trust deed ➔ deed * * * trust deed UK US noun [C] (also declaration of trust, also trust instrument) LAW …   Financial and business terms

  • Trust Deed — 1. A formal document which outlines the terms of a trust agreement. 2. A common way to structure real estate purchases, where the title to a property is held in trust until the loan for the property is paid. 1. A trust deed is often used when… …   Investment dictionary

  • trust deed — The document creating and setting out the terms of a trust. It will usually contain the names of the trustees, the identity of the beneficiaries, and the nature of the trust property, as well as the powers and duties of the trustees. Trusts of… …   Accounting dictionary

  • trust deed — The document creating and setting out the terms of a trust It will usually contain the names of the trustees, the identity of the beneficiaries, and the nature of the trust property, as well as the powers and duties of the trustees. Trusts of… …   Big dictionary of business and management

  • trust deed — /ˈtrʌst did/ (say trust deed) noun the legal document which appoints trustees and defines their power …   Australian English dictionary

  • trust deed — See deed of trust; trust …   Ballentine's law dictionary

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