Trust Deed Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Trust Deed, written in plain English, along with examples of how it is used.
What is Trust Deed?
It is an agreement to prove that the real property and its title has been transferred to the named trustee (third party who is neutral) who would hold such assets till the time, the actual owner or the borrower repays debt. This is for the benefit of the lender and thus is also known as deed of trust which is also used as mortagage in some places