What is the purpose of a trust deed? A trust deed is a legal document that sets out the rules for establishing and operating your fund. It includes such things as the fund’s objectives, who can be a member and whether benefits can be paid as a lump sum or income stream. The trust deed and super laws together form the fund’s governing rules.
Is Washington state a deed of trust or mortgage State?
|State||Mortgage allowed||Deed of trust allowed|
How do I file a deed of trust in Washington state? Filing the Deed of Trust
You can locate the office online or in the government pages (blue pages) of your local phone book. Call to confirm the mailing address for deeds of trust and either send the deed in the mail or go to the County Clerk’s office to file the deed of trust in person.
What is the difference between a mortgage and a deed of trust? A deed of trust is a legal agreement that’s similar to a mortgage, which is used in real estate transactions. Whereas a mortgage only involves the lender and a borrower, a deed of trust adds a neutral third party that holds rights to the real estate until the loan is paid or the borrower defaults.