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 warranty deed is used in most sales of property. The warranty deed says that: 1  The grantor is the rightful owner and has the right to transfer the title.  There are no outstanding claims on the property from lenders using it as collateral, or from other creditors.