California Deed of Trust Form

California Deed of Trust Form

Last updated September 14th, 2022

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California deed of trust allows a borrower to pledge their property’s title to a third party to secure a loan from a moneylender. This instrument functions similarly to a mortgage, but whereas a mortgage is an agreement between two (2) parties, the lender and borrower, the deed is between (3) parties: the lender, borrower, and a trustee. The title of the property will transfer from the trustee to the borrower when the borrower completes their repayment obligations. Often the deed will have a “power of sale clause,” which enables non-judicial foreclosure, expediting the process of recouping the lender’s loan should the borrower default.

Related Forms (1)

California Promissory Note – A debt repayment instrument that describes how a borrower will repay the moneylender.

Download: PDFWord (.docx)OpenDocument