Resulting Trust
Same as term trust; An agreement in which the trustee takes title of the property ( called corpus) owned by the grantor (donor) to protect or conserve it for either the grantor or the trust's beneficiary. The trust is set up by the grantor. The trustee is typically given authority to invest the property for a return. Trusts may be revocable or irrevocable.
Popular Real Estate Terms
An agreement, debt, or low which can be operationalized, fulfilled, completed, or performed. ...
Individual with legal privileges and obligations. The legal term is sometimes used for a corporation. ...
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A situation that occurs when borrowed funds cost more than they produce. ...
Partially amortized and requiring a lump sum (balloon) payment at maturity. ...
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