Flash point is a little understood characteristic of solvents. We throw the term around because we know that local fire. marshals are interested in the flash point of the solvents we use, but understanding what flash point means can make a big. difference in how we look at the safety of our solvents.
A trustee deed, also called a trust deed or deed of trust, is an arrangement used in place of a mortgage deed in states like California that allow nonjudicial foreclosure, that is, foreclosure without going to court. An ordinary mortgage deed documents a transaction between two parties, a lender and a borrower.
BREAKING DOWN 'Warranty Deed'. A warranty deed usually includes a legal description of the property, the names of the grantor (who is transferring the property) and grantee (who is taking ownership), and language conveying ownership from the grantor to the grantee. warranty deed states that the owner can legally transfer the property and that no other entity has a claim or lien on it. These deeds are typically used in property sales and make warranties about the propertyâs title.