Deed of Trust Form - New York

Prepare a New York Deed of Trust if you plan to purchase real estate with a loan. This deed is prepared in the form of an agreement between three parties - a trustor, a trustee, and a beneficiary. A deed of trust is one of the documents that involve an intermediary that holds the title of ownership of the real property until the trustor has returned the loan to the beneficiary. If it does not happen, then the trustee conveys the title to the beneficiary. The Consolidated Laws of the State of New York do not provide its residents with a short form for this kind of deed, nevertheless, it does not prevent individuals from using this kind of deed.

Related Forms and Topics:

• New York Gift Deed;
• New York Warranty Deed;
• New York Special Warranty Deed.