But after Mr. Phillips took on the starring role in ''La Bamba,'' the new film biography of Valens, the Valenzuela family paid him the highest compliment of all. ''They all called me Ritchie,'' said Mr. Phillips. ''Ritchie's brother Mario hasn't called me Lou yet.'' Similar Outlooks.
The best structure depends on who you are. From a buyer's perspective, the trust deed is preferable, as he gets ownership of the property. It also helps to insulate him from the seller. On the other hand, a land contract gives the seller more control since she retains ownership of the deed.
A deed of trust is a means to guarantee or provide a security on a loan obligation. As any legal document it needs to be written, signed and notarized to be valid. One still may have more questions on the deed of trust with respect to their unique scenario which can be clarified with the help of legal counsel.n principle a deed of trust is a means to convey a security interest of a property that is given as a guarantee or collateral for a mortgage contract. It is similar to a contract but is not itself a contract.