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.
The Deed of Trust is the document that grants the lender the rights to take the property if the loan is not repaid. The Deed and the Deed of Trust need to be recorded in the recording office of the propertyâs county or town, while the Note is returned to the lender.