DC Deed of Trust

Transfer title to a DC real estate property from a seller to a trustee with this District of Columbia Deed of Trust template.

• A Deed of Trust can be used in place of a mortgage to purchase real estate other than agricultural farm land.
• Title to the property is conveyed by the seller to a trustee instead of to the purchaser. The trustee holds the title as security to ensure the purchaser's performance of its obligations (including payment of the purchase price, maintenance and upkeep of the property, payment of taxes, etc).
• If the purchaser defaults in payment, the balance becomes due and payable and the trustee may sell the property.
• The Deed of Trust contains uniform covenants regarding payments, funds for taxes and insurance, prior mortgages, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, and other standard clauses.

This District of Columbia Deed of Trust form is provided in MS Word format, and is fully editable to meet your needs.