As the name implies, a deed in lieu of foreclosure (commonly known as deed in lieu) is an agreement that allows a homeowner to avoid foreclosure by voluntarily “deeding” – a fancy word for “turning” – ...
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What is a deed of reconveyance, and how does it work?
Conveyance is the act of transferring property ownership from one person or entity to a new person or entity. A reconveyance ...
As a homeowner, you may use a deed to transfer ownership or take out a loan on your property. There are several different types of deeds that you may use, but two of the most common are grant deeds ...
Amidst soaring interest rates and the recent swell in commercial real estate loan workouts, borrowers and lenders alike are increasingly considering an alternative to the traditional and sometimes ...
A deed of trust is a legal document that provides mortgage lien security in favor of a lender or creditor. Satisfaction of the obligation underlying the deed of trust imposes an affirmative legal ...
Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.
A deed is a written document that is executed in a particular way to make it binding in law and equity, and it confers certain legal rights, obligations, or interests in property to a person.
In Texas, the three primary types of deeds used to transfer real property offer varying degrees of protection.
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