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Business / Real Estate / Blanket Trust Deed: A trust deed secured by several properties or a number of lots. A blanket mortgage is often used to secure construction financing for proposed subdivisions or condominium development projects. The developer normally seeks to have a partial release clause inserted in the mortgage so that he or she can obtain a release from the blanket loan for each lot as it is sold, according to a specified release schedule.
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Trust Noun Synonyms: confidence, reliance, faith, conviction, certitude, certainty, sureness, positiveness, assurance, belief
Business / Finance / Revocable Trust: A trust that may altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at an MORE
Business / Agriculture / Rural Development Trust Fund: Authorized under the FAIR Act of 1996 the trust fund is used to distribute Rural Community Assistance Program funds. Funds are allocated among states based on such factors as rural population, income, MORE