In this real estate exam prep video, we will discuss the Trust Deed also referred to as a Deed of Trust. Key real estate term used in this video are:
Trust Deed (a.k.a. Deed of Trust)
Mortgagee
Mortgagor
Trustor
Trustee
Beneficiary
Deed of Reconveyance
Equitable Title
Legal Title
Nonjudicial Foreclosure
Best of luck with your studies…
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Paul Vojchehoske
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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.
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Paul Vojchehoske
Real Estate Exam Prep, Real Estate Principles and Practices, Section 4: Financing