What is a Beneficiary in Real Property Transactions?

In real property transactions, a beneficiary typically refers to the lender or bank who is named in a Deed of Trust. Every Deed of Trust will identify a named beneficiary who typically receives the deed of trust in exchange for their loaning money to a homeowner. In real estate transactions, the beneficiary list on a [...]

By |2018-06-17T17:49:38-07:00August 13th, 2017||Comments Off on What is a Beneficiary in Real Property Transactions?

What is the difference between a Grant Deed and a Deed of Trust?

A Grant Deed transfers title ownership of real property from the current owner to the new owner. A deed can also relinquish a co-owner's interest in real property to another existing co-owner. When a person or entity purchases real property, a Grant Deed is recorded showing them as the new owner of the property. On [...]

By |2018-06-17T17:49:38-07:00August 13th, 2017||Comments Off on What is the difference between a Grant Deed and a Deed of Trust?