deed of trust :

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deed of trust

  • n  a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note
  Synonym(s)
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  deed of trust
  • Edward J. Levin: Lenders not liable for recordation taxes on IDOTS
    &via=&related=DolcePixel" Affirming the holding of the Maryland Tax Court, the Circuit Court for Howard County ruled this month that when the recordation tax becomes due on an indemnity mortgage or an indemnity deed of trust (an “IDOT”), the party responsible to pay the tax is the guarantor who executed the IDOT. &via=&related=DolcePixel"
    June 24, 2013 - The Daily Record

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