Grant Deed Vs Deed Of Trust
An assignment of deed of trust and grant deed sound rather similar. They both are related to property, and they both get filed in the same place. That pretty much takes care of the similarities, however, as the two documents are completely different. One transfers debt between lenders, the other transfers outright ownership to a home buyer. When you borrow money and buy real estate, the lender has to make sure it will get its money back. To do this, the lender files either a mortgage or a deed of trust. Which one depends on where you bought the house. State law controls which document the lender will file. The deed of trust is more protective of the lender than the mortgage, because the deed to the property is actually signed over to a trustee. When the debt is paid in full, title to the property is signed over to the homeowner.
Grant Deed Vs Deed Of Trust
Grant Deed Vs Deed Of Trust
Grant Deed Vs Deed Of Trust
Grant Deed Vs Deed Of Trust
Grant Deed Vs Deed Of Trust
Grant Deed Vs Deed Of Trust
Grant Deed Vs Deed Of Trust
Grant Deed Vs Deed Of Trust
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