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The woman who obtained the deed to a multi-million dollar home in Raleigh is now in custody and criminally charged.. Dawn Mangum is accused of obtaining property by false pretense. She was the ...
One homeowner has recently discovered he no longer owns his 8,300-square-foot home — at least on paper. Craig Adams, a local dentist in Raleigh, North Carolina, said the deed to his $4 million ...
In 2005, Belk signed what’s called a deed of trust with Atrium, granting it the right to receive $23,000 when he sold his family home. Terry Belk at home in Charlotte, N.C., in July.
Prasthanatrayi (Sanskrit: प्रस्थानत्रयी, IAST: Prasthānatrayī), literally, three sources (or axioms), refers to the three canonical texts ...
Trust instrument. In trust law, a trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust; testamentary trusts are usually created under a will.
McPhail v Doulton. McPhail v Doulton [1970] UKHL 1, also known as Re Baden's Deed Trusts (No 1) is a leading English trusts law case by the House of Lords on the certainty of beneficiaries. It held that so long as any given claimant can clearly be determined to be a beneficiary, or not, a trust is valid. The Lords also remanded the case to the ...
Three certainties. The three certainties compose a rule within English trusts law on the creation of express trusts that, to be valid, the trust instrument must show certainty of intention, subject matter and object. "Certainty of intention" means that it must be clear that the donor or testator wishes to create a trust; this is not dependent ...
An attorney, broker, trust deed services, lender subsidiary or the lender may be appointed to act as the trustee (USA Today 2019). Trustees have the power of processing the foreclosure starting with the notice of default (NOD) recording and completing with the trustee's deed delivery and the sales proceeds delivery. [3]