Trust at Real Estate Glossary

What is it? An arrangement whereby legal title to property is transferred by the grantor (or trustor) to a person called a trustee, to be held and managed by that person for the benefit of another, called a beneficiary.

Real Estate Definition Added By: Mackenzie

Send To Friends!

If you'd like to send the Trust definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Trust. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Fire Insurance Requirement Form is A statement signed by the borrower agreeing to comply with the lenders requirements for fire insurance coverage.

Real Estate Term Income And Expense Report is A financial report generated by a property manager that details the income and expenses from a property and the amount remitted to the owner.

Real Estate Term Mortgage Insurance Premiums (MIP) is Most FHA loans require the borrower to pay two mortgage insurance premiums one upfront paid at closing; the second is an annual premium based on the loan balance each year.

Real Estate Term Log cabin is Homes constructed of rough-hewn timbers and a standard housing form in the early European settlement of the U.S.

Real Estate Term Zoning Variance is A zoning variance permits a change in the specifications required by the zoning ordinance.