The deed of trust allows a lender to have recourse if there is a default on a loan payment. It involves three parties – the grantor, the beneficiary and the trustee. Grantor: The entity whose assets are held in trust until payment of the loan occurs. A grantor is also known as a set...
classification, self-designation by SDT grantees, and selection by SDT grantors, we argue that "self-designation," which is widely claimed as the basic method of identifying developing country Members, gives them little certainty and predictability in their rights and obligations in the world tradin...
When a real estate title find its way into a living trust, the deed to the real estate identifies the trustee of the trust as the record owner of the property. This means that the trustee's signature is generally the only signature that can convey the title back out of the trust. Howev...
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Grantee or beneficiary: This entity is the lender or the party to whom the money is owed. The lender has authority to ask the trustee to start the foreclosure process in event the borrower defaults on the loan. Duties of a Trustee in Texas ...