Close
(0) items
You have no items in your shopping cart.
All Categories
    Filters
    Preferences
    Search

    Texas Deed of Trust

    $17.99

    Transfer title of a Texas real estate property from a seller to a trustee with this Texas Deed of Trust form.

    • A Deed of Trust can be substituted for a mortgage deed in the purchase of real estate property except for 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 borrower 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.
    • The loan being secured by the Deed of Trust cannot be a home equity loan. The loan can be made to purchase property, to renew and extend an existing debt, or as a loan against non-homestead property.
    • This Texas Deed of Trust form is provided in MS Word format, and is fully editable to meet your needs.
    Download Type: Microsoft Word
    Last Updated: 04-February-2021
    SKU: 7811
    Customers who bought this item also bought