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.
When it comes to a Warranty Deed vs. a Quit Claim Deed, the central difference lies in the guarantees. Under a warranty deed, if it turns out that the property is not what the seller promised or there's an uncleared lien or other block to the title, the buyer can sue the seller and recover damages. But if the property was conveyed through a Quit Claim Deed, the buyer has no remedies.