and get access to exclusive content
Explore Aurum kuberx Click here to explore
A Deed of Trust is a three-party legal instrument wherein a borrower conveys asset title to a neutral trustee as collateral while repaying a debt. Should the borrower meet obligations, the trustee releases the deed; otherwise, the trustee can initiate foreclosure. This contrasts with standard two-party mortgages by incorporating an impartial entity overseeing compliance.
By ensuring an unbiased third party holds legal rights until the debt is cleared, the deed of trust structure often streamlines property repossession if payment lapses.
News, Infographics, Blogs & More! Delivered to your inbox.