Deed of Trust Form - North Carolina

Deed of Trust Form - North Carolina

Whether you are giving a loan to a borrower, or receiving a loan from the lender you can use a North Carolina Deed of Trust to secure the obligation to return the money. This kind of deed involves three parties, a lender, a borrower (commonly known as the beneficiary and the trustor), and a trustee. The North Carolina General Statutes does not contain a statutory form for such kind of deed, however, it includes a standard form and an alternate form for a trustee's satisfaction of a deed of trust (§ 45-36.21) and describes what shall be included in it (§ 45-36.20). This can be helpful if all of the obligations stated in the deed of trust have been satisfied and the parties need to document it.


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