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.
A Deed of Trust is a legal document, filed at the register of deeds office, that secures the lenders interest in the borrowers property in case of default by the borrower.In most states, the Deed of Trust transfer legal ownership in the property to a Trustee.The Trustee then holds the property in trust for the benefit of both the lender and borrower. As long as the borrower pays his mortgage according to the terms of the Note, the Trustee takes no action.n most states, the Deed of Trust transfer legal ownership in the property to a Trustee. The Trustee then holds the property in trust for the benefit of both the lender and borrower. As long as the borrower pays his mortgage according to the terms of the Note, the Trustee takes no action.