Definition
See deed of trust — a three-party security instrument used instead of a mortgage in many states.
Example
The trustee held title under the trust deed until the loan was repaid.
Related terms
- Abstract of Title
- Adverse Possession
- Affidavit of Title
- Certificate of Occupancy
- Chain of Title
- Cloud on Title
Frequently asked questions
What does Trust Deed mean in real estate?
See deed of trust — a three-party security instrument used instead of a mortgage in many states.
How is Trust Deed used in practice?
The trustee held title under the trust deed until the loan was repaid.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.