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Transactions involving deeds of trust are normally structured, at least in theory, so that the lender/beneficiary gives the borrower/trustor the money to buy the property; the borrower/trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower/trustor; and the borrower/trustor immediately executes a deed of trust giving the property to the ...
He also serves as editor-in-chief of the REPTL Reporter, the official journal of the Real Estate, Probate and Trust Law Section of the State Bar of Texas. [11] Beyer was treasurer of the Lubbock County Bar Association from 2009 to 2010 and served on the Real Estate, Probate, and Trust Law Council of the State Bar of Texas from 2009 to 2013.
Original file (1,268 × 1,750 pixels, file size: 2.03 MB, MIME type: application/pdf, 12 pages) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
The names of these offices are usually the "Recorder of Deeds" or something similar. State statutes also prescribe the following elements: What instruments are entitled to be recorded, usually deeds, mortgages (whether or not in the form of deeds of trust), leases (usually longer term varieties), easements, and court orders. There is generally ...
In 2015, Texas law was changed to automatically place the legal title to the property with the buyer by filing the contract with the deed records office of the county where the property is located. While the seller loses title, the seller retains a vendor's lien in the property for the outstanding balance of the contract. [3]
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