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.
Basic difference between note and deed of trust. 1  1. Basic Difference Between Note And Deed of Trust While both a mortgage Note and Deed of Trust are used in the lending process, both of them have their own characteristics and features. There are some intrinsic differences which set these two apart from each other. Let us first understand what the two stand for.