A method of financing real estate purchases, where the trust deed transfers title of a parcel of real estate to a trustee (usually a title company) who holds it as security on a loan. After the loan is paid off in the entirety, the title is transferred to the borrower. The trustee can act to sell the real estate in the event of a default by the borrower and the proceeds used to … [Read more...]
TUAS RES TIBI HABETO
Lat. Have or take your things to yourself. The form of words by which, according to the old Roman Law, a man divorced his wife Calvin. … [Read more...]
TRUST FUND
The principal of a trust, the corpus. … [Read more...]
TUB
measures. In mercantile law, a tub is a measure containing sixty pounds weight of tea; and from fifty-six to eighty-six pounds of camphor. … [Read more...]
TRUST INDENTURE
The document which contains the terms and conditions for a trust. … [Read more...]