Real estate deeds and their differences Last week I discussed the difference between a deed and deed of trust. To refresh, a deed of trust secures payment of a borrower’s debt, in a similar fashion as a mortgage does. On the other hand, a deed is a legal instrument that transfers ownership of real estate. […]
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Deed vs. Deed of Trust: Is There a Difference? Over the years, I have found that my clients frequently confuse the term “Deed” with “Deed of Trust”. Sometimes I have even heard clients use the terms interchangeably, without realizing the important distinctions between the two legal terms. What is a deed? A deed is a […]