MLchartDataset catalogue

Trust deed

Term · Law · MLC-T-LAW-004999

A legal document that transfers the legal title to a property to a trustee, who holds it as security for a loan between a borrower and a lender. It is commonly used in some states as an alternative to a mortgage for real estate transactions. Upon repayment of the loan, the trustee reconveys the title to the borrower.

Table 1. Record
IdentifierMLC-T-LAW-004999
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004999",
  "term": "Trust deed",
  "field": "Law",
  "definition": "A legal document that transfers the legal title to a property to a trustee, who holds it as security for a loan between a borrower and a lender. It is commonly used in some states as an alternative to a mortgage for real estate transactions. Upon repayment of the loan, the trustee reconveys the title to the borrower.",
  "url": "https://mlchart.com/terminology/law/trust-deed/"
}

Record 5,107 of 5,439 in Law terminology (MLC-0107). Request the full dataset.