What is a trustee? What is a multiple employer welfare trust? What is a grantee? What is a bond indenture? Define quitclaim deed What is tax lien investing? What is the Retirement Income Security Act? Does a personal guarantee have to be notarized?
Foreclosures normally take less time to complete because the lender wants toliquidatethe asset quickly. Foreclosed homes may even be auctioned off at a public trustee sale. Depending on the circumstances, homeowners who experience foreclosure have to wait for two to seven years to purchase another ...
The trustee can sell the property without going to court through a power of sale. The process is referred to as a foreclosure by power of sale. Even though a court does not oversee the proceedings, there are often laws that govern the sale, such as those that require a public notice of...
It is a voluntary agreement with the people that you owe money to (your creditors) to repay part of what you owe them. A trust deed can involve transferring your valuable possessions to a trustee, so that their sale can be used to generate money to pay your creditors. You may also ...
A trust fund is a tool that involves a beneficiary, grantor, and trustee. Trust fund assets involve cash and properties of the involved party. Answer and Explanation: Learn more about this topic: Governmental Funds: Types & Uses from
A Single Premium Immediate Annuity (sometimes referred to as an "SPIA") may be the right annuity for you if you are looking for payments that begin right away and continue for the rest of your life or for a specified period of time. The annuity is purchased from an insurance company ...
As fiduciary, the trustee must make decisions that are in the best interest of the beneficiary who holds equitable title to theproperty. The trustee/beneficiary relationship is an important aspect of comprehensiveestate planning. Special care should be taken to determine who is designated as trustee...
California is one of several states that allows for mortgage foreclosure through a private transaction called a trustee's sale. A substitution of trustee under a trust deed is a legal document that allows the mortgage lender to change the person or business entity that will carry out the private...
A trustee deed is one that conveys the title to foreclosed real estate either to the high bidder at an auction or to the lender...
When the buyer fully pays the loan, the trustee releases the legal title to the buyer, and the lender files a deed of reconveyance to the county saying that the buyer is the legal owner of the property, and all of their loan obligations have been satisfied.Sources...