A North Carolina deed of trust is a real estate transfer instrument between a lender, borrower, and a trustee. A trust deed transfers the property title as collateral for a loan to purchase real estate. The title is maintained by the trustee until the borrower (property owner) returns the loan amount to the lender.
A North Carolina deed of trust is a real estate transfer instrument between a lender, borrower, and a trustee. A trust deed transfers the property title as collateral for a loan to purchase real estate. The title is maintained by the trustee until the borrower (property owner) returns the loan amount to the lender.
When completed, the deed of trust must be recorded at the local Register of Deeds.[1] The document must be notarized prior to recording.[2]
When drafting the trust deed, the following formatting standards must be followed[3]:
Create Document
Adobe PDF
Microsoft Word
OpenDocument