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 (debt) from the lender to the borrower. The equitable title remains with the borrower.[1] The borrower is referred to as the trustor, while the lender is referred to as the beneficiary.[2]

  1. ^ Lush, Minnie; Sirota, David (2003). California Real Estate Finance (5th ed.). Chicago: Dearborn Real Estate Education. p. 246. ISBN 9780793136995. Retrieved 7 December 2020.
  2. ^ Lush, Minnie; Sirota, David (2003). California Real Estate Finance (5th ed.). Chicago: Dearborn Real Estate Education. p. 245. ISBN 9780793136995. Retrieved 7 December 2020.