This form is a Release and Cancellation of Trust Agreement / Trust Indenture. All liens and encumberances created thereby are certified to be satisfied and released. Adapt to fit your circumstances.
Difference Between Land Title And Indenture In San Diego
Category:
State:
Multi-State
County:
San Diego
Control #:
US-00195
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
(7) The term ''indenture'' means any mortgage, deed of trust, trust or other indenture, or similar instrument or agree- ment (including any supplement or amendment to any of the foregoing), under which securities are outstanding or are to be issued, whether or not any property, real or personal, is, or is to be, ...
An indenture is a deed with more than one party. In the old days they were written out, two copies, on a single piece of parchment then roughly cut, so the parts could later be compared. A deed of trust has at least two parties, the settler and the trustee, so it could be called an indenture.
An indenture is a particular formal contract or deed made between two or more parties. Beginning in medieval England, an indenture can be defined as a specific agreement within a contract noted with a specific duration or significance.
A contract between an Issuer and a Trustee (normally a commercial bank with trust powers) under which the Issuer issues Bonds and specifies their Maturities, Interest Rates, Redemption provisions, form, exchange provisions, security and other terms.
The terms of the Indenture are tailored to reflect the specific type of transaction and issuer. Like credit agreements,1 an Indenture contains lending and repayment terms. In contrast to credit agreements, however, the lender is not a party to an Indenture.
A deed made between two or more parties who are not acting as one person. The word indenture originated in the days when the requisite number of copies of a deed would be engrossed onto a single piece of parchment, which would then be cut into individual deeds, with each party holding his own copy.
1985) (“Unlike the ordinary trustee, who has historic common-law duties imposed beyond those in the trust agreement, an indenture trustee is more like a stakeholder whose duties and obligations are exclusively defined by the terms of the indenture agreement.”); Harold L. Kaplan & Mark F.
In real estate, an indenture is a deed in which two parties agree to continuing obligations. For example, one party may agree to maintain a property and the other may agree to make payments on it.
Indenture. n. a type of real property deed in which two parties agree to continuing mutual obligations. One party may agree to maintain the property, while the other agrees to make periodic payments. 2) a contract binding one person to work for another.
More info
In real estate, as a broad term, a deed is referred to an official ownership document showing or affecting ownership or title for real property. An indenture is a legal contract between two parties, particularly for indentured labour or a term of apprenticeship but also for certain land transactions.THIS SIXTY-EIGHTH SUPPLEMENTAL INDENTURE IS A SECURITY. Chain of Title - A chronological list of documents comprising the record history of title to a specific parcel of real property. Grantor: Trustor Grantee: Beneficiary. The City of San Diego shall convey to the district all its right, title and interest in and to such pueblo lands as lie within the tidelands and submerged lands. An indenture is a deed with more than one party. In the old days they were written out, two copies, on a single piece of parchment then roughly cut. An indenture, typically a security obligation, details duties and responsibilities of parties (2 or more) to a contract. It made my stomach turn to see it there in blackandwhite.