PMAC

Glossary of terms used on this site

There are 105 entries in this glossary.
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T

Term Definition
Term

The length of a mortgage loan.
Title

Refers to the ownership of a particular piece of property.
Trust Deed

See DEED OF TRUST.
Trustee

In a deed of trust, this one who holds title to the property for purposes of issuing a reconveyance or instituting foreclosure proceedings.
Trustor

The borrower under a deed of trust.