法律英语单词“trust deed ”的读音、释义及例句-英汉汉英法律词典

词汇	trust deed
释义	`1`trust deed `2` "Nolo Everybody's Legal Dictionary": The most common method of financing real estate purchases in California (most other states use mortgages). The trust deed transfers the title to the property to a trustee -- often a title company -- who holds it as security for a loan. When the loan is paid off, the title is transferred to the borrower. The trustee will not become involved in the arrangement unless the borrower defaults on the loan. At that point, the trustee can sell the property and pay the lender from the proceeds. See Topic: Real Estate
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