A legal structure used in place of a mortgage to secure a loan by pledging real property. Deeds of trust involve three parties: the trustor (borrower), the lender (beneficiary), and the trustee, whose function it is to sell the property at auction if the trustor defaults on payments.

Renters Rush in as BTR Homes Beat Buying
With affordability fading and mobility prized, more Americans are renting homes they once aspired...
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