Both deed of trust and mortgage function as a lien against the title of the property or as a security interest that is usually tied to some sort of loan.
The real major difference between a deed of trust or a mortgage is that the deed of trust has three parties to it including the lender, borrower, and trustee. Whereas the mortgage is between the lender and borrower.
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Carl Zoellner, Esq. is a senior attorney at Anderson Business Advisors who specializes in strategic planning for business owners with a focus on asset protection and tax planning. Carl speaks across the country to educate small business owners on the tools available for their investments from legal and tax perspectives.
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
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Deed of Trust or Mortgage Basic Differences
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