An Alabama deed of trust transfers a property title to an independent third party known as the “trustee” who holds onto the title until the property’s owner, the “borrower,” pays back a loan to a moneylender. This document is used as an alternative to a mortgage. Should the borrower in a deed of trust default on their loan, the trustee can conduct a non-judicial foreclosure whereby they can sell the property without involvement from a court. A title company often acts as the trustee, although the parties can select any person or company for the role.