Deed In Trust

Business, Legal & Accounting Glossary

Definition: Deed In Trust


Deed In Trust


Full Definition of Deed In Trust


An instrument that grants a trustee under a land trust full power to sell, mortgage, and subdivide a parcel of real estate. The beneficiary controls the trustee’s use of these powers under the provisions of the trust agreement. A provision that allows a lender to foreclose on a property in the event that the borrower defaults on the loan.


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https://payrollheaven.com/define/deed-in-trust/
Modern Language Association (MLA):
Deed In Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/deed-in-trust/.
Chicago Manual of Style (CMS):
Deed In Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/deed-in-trust/ (accessed: March 29, 2024).
American Psychological Association (APA):
Deed In Trust. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/deed-in-trust/

Definition Sources


Definitions for Deed In Trust are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.