Related Words

Trust Deed Lien: A lien on the property of a truster that secures a deed of trust loan.

Reconveyance Deed: A deed used by a trustee under a deed of trust to return title to the truster.

Resident Alien: A resident alien is a lawful permanent resident of the United States at any time if he or she has been given the privilege, according to the immigration laws, of residing permanently as an i . . . View Full Definition

Release Deed: A document, also known as a deed of reconveyance, that transfers all rights given a trustee under a deed of trust loan back to the grantor after the loan has been fully repaid.

Real Estate Investment Trust (REIT): REITs are publicly traded companies that pool investors' capital to invest in a variety of real estate ventures, such as apartment and office buildings, shopping centers, medical facilities, . . . View Full Definition

Qualified Plan Or Trust: A tax-deferred plan allowing employer and employee contributions that build up savings, which are paid out at retirement or on termination of employment. Tax is paid only when amounts are dr . . . View Full Definition

Quitclaim Deed: A conveyance by which the grantor transfers whatever interest he or she has in the real estate, without warranties or obligations.

Resilient Mounting: A suspension system or cushioned mounting designed to reduce the transmission of normal motor noise and vibration to the mounting surface. This type of mounting is typically used in fraction . . . View Full Definition

Resolution Trust Corporation: The organization created by FIRREA to liquidate the assets of failed savings and loan associations.

Sheriffs Deed: The deed given after a sheriffs sale.