Asked by
Larih Saleh
on Dec 01, 2024Verified
A deed of trust is almost identical to a warranty deed.
Deed of Trust
A document used in real estate that secures a loan by transferring the legal title of a property to a trustee until the loan is paid off.
Warranty Deed
A document in real estate transactions that guarantees a property is free from liens or claims and assures the buyer of clear title.
- Familiarize oneself with the varying types of deeds along with their particular guarantees or the lack thereof.
Verified Answer
JC
Learning Objectives
- Familiarize oneself with the varying types of deeds along with their particular guarantees or the lack thereof.