Definition: A fiduciary who holds or controls property for the benefit of another. Example: Building Real Estate Wealth Invest Browse Opportunities Company About Us Our Team Contact Us Learn More Real Estate Articles Learn Real Estate Real Estate Terms ...
A definition of the term "trustee" is presented. It refers to a person appointed or selected to have control over the assets of another person, including legal title to real estate. A trust deed transfers property's legal title to a trustee and sets forth the authority of the trustee and...
Acronyms Under a deed of trust,a person or company called a trustee holds the title to the mortgaged property. If that trustee resigns, another one, called the successor trustee, must be appointed. The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyri...
Define trusteeships. trusteeships synonyms, trusteeships pronunciation, trusteeships translation, English dictionary definition of trusteeships. a person who is given control of another’s property: He is the trustee of his mother’s estate. Not to be co
(d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be ...
Preservation ExpensesExpenditures made by the Servicer in connection with a foreclosed Home Equity Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes, hazard insurance premiums, property restoration or preservation. ...
Understanding trustee investments is crucial for trustees to fulfill their fiduciary duties and manage trust assets effectively. For further exploration, topics such as fiduciary responsibilities, investment strategies, and trust law offer deeper insights into the complexities and best practices of managing ...
A trustee operating as a fiduciary to a beneficiary usually has specific knowledge of the law, finance, or real estate to effectively manage the assets or property held in trust until the beneficiary takes full possession. The trustee has an obligation to use this knowledge to defend the propert...
How to Profit from Real Estate Without Becoming a Landlord Robo Advisors - Here's Why 15+ Million People Have Already Opened Up Accounts Featured Products: Fundrise - 23% Returns Last Year from Real Estate - Get Started with Just $10 CrowdStreet - 18.5% Average IRR from Real Estate (Accred...
A definition of the term "trustee" is presented. It refers to a person appointed or selected to have control over the assets of another person, including legal title to real estate. A trust deed transfers property's legal title to a trustee and sets forth the authority of the trustee and...