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Subjects>Law & Government>Law & Legal Issues

What is a deed?

Updated: 8/19/2023

Wiki User

∙ 13y ago

Best Answer

Generally, the term deed of trust can have different meanings in different jurisdictions and different transactions affecting land:

The deed that conveys real property from an individual owner TO the trustee of a a trust that has been created in a separate trust document is called a deed of trust.
In a different scheme a deed can convey real property from an individual to another individual AS THE TRUSTEE FOR someone else and then set forth the terms of the trust within the deed document.
In either case, a deed of trust is the deed that conveys property TO a trustee. The deed FROM a trustee is not referred to as a deed of trust.
In some jurisdictions a deed of trust is used in much the same way as a mortgage with the trustee holding the property until the debt is paid. Once the debt is paid the trustee executes a deed of release.

Wiki User

∙ 15y ago

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Wiki User

∙ 15y ago

It a declaration that you have received independent advice regarding your trust and are opening one of your own free will. In regards to a financial institution, it free the financial institution of any responsibility over the conception of the trust. It a declaration that you have received independent advice regarding your trust and are opening one of your own free will. In regards to a financial institution, it free the financial institution of any responsibility over the conception of the trust.

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Wiki User

∙ 13y ago

A deed is a written instrument used to convey or transfer an interest in real estate.

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Wiki User

∙ 13y ago

That is an term of art used in some jurisdictions to describe a deed that conveys a fee interest in real property.

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Related questions

What is the palindrome for an act?

DEED.

Is a warranty deed the same as a conveyance deed?

Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.Yes. A warranty deed is a deed of conveyance.

Palindrome for a paper that shows you own property?

"Own a deed? Not a cat? A new not a deed now, a no deed, a catton?"

How can a disinheritance deed be revoked?

There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.There is no such document as a disinheritance deed. A deed cannot be revoked. When the owner of property executes a deed and the deed is recorded, the property has a new owner.

What is a five letter palindrome for an act of heroism?

deeddeed

Is property transferred by quit claim deed in Tennessee considered a gift?

Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.Not necessarily. You need to examine the deed to see if there was any consideration mentioned. A quitclaim deed can be used as a gift deed but every quitclaim deed is not a gift deed.

Does the husband and wife both have to be on the land deed to both own the property?

Yes. They should both be listed as grantees on the deed and the deed should be a survivorship deed. You should consult with an attorney who can draft a proper deed for your jurisdiction.Yes. They should both be listed as grantees on the deed and the deed should be a survivorship deed. You should consult with an attorney who can draft a proper deed for your jurisdiction.Yes. They should both be listed as grantees on the deed and the deed should be a survivorship deed. You should consult with an attorney who can draft a proper deed for your jurisdiction.Yes. They should both be listed as grantees on the deed and the deed should be a survivorship deed. You should consult with an attorney who can draft a proper deed for your jurisdiction.

Consenting deed for the sale deed?

How do you add a name to a deed

What is the palindrome for accomplished or achieved?

dud

What is the difference between a Deed of Undertaking and a Deed of Assignment?

deed of undertaking

What deed is a voluntary deed?

Any deed executed by a legally competent owner by their own free will is a voluntary deed.

What is a real estate war deed?

A war deed is a warranty deed. http://en.wikipedia.org/wiki/Warranty_deed has nothing to do with military war.

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