Commonly, both terms are used to mean the same type of legal document. A deed of trust is a legally binding document that contains a declaration of trust, but which also contains other statements (technically called 'trusts') that describe how the assets in trust should be dealt with.
A written instrument legally conveying property to a trustee, such as a bank, often for the purpose of securing a mortgage or promissory note.
Deed noun C (ACTION) an intentional act, especially a very bad or very good one: do an evil deed It seems to me that a lot of evil deeds are done in the name of religion. do a good deed She's always helping people and doing good deeds.
This Deed of Trust (the “Trust Deed”) sets out the terms and conditions upon which: Settlor Name (the “Settlor”), of Settlor Address, settles that property set out in Schedule A (the “Property”) upon Trustee Name (the “Trustee”), being a Company duly registered under the laws of state with registered number ...
Mortgage States and Deed of Trust States StateMortgage StateDeed of Trust State New Hampshire Y New Jersey Y New Mexico Y New York Y 47 more rows
A deed of trust is a legal agreement that is sometimes used in place of a mortgage in real estate transactions. They are very similar, but a mortgage involves only the lender and a borrower, while a deed of trust adds a neutral third party known as a trustee.
Noun. 1. (= faith, confidence) confianza f (in en)
The word fiducia (trust) derives from the Latin word fides, which had the meaning of “confidence”, but also “courage, security” and in the legal lexicon that of “pledge, guarantee”.
Confiar - to confice, trust - Lawless Spanish.
1. (= faith, confidence) confianza f (in en)