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
Method of selling and obtains possession, but the seller retains the title. ...
The term statute is a written law that is adopted by a legislative body from the country, federal, state, county, or city level. The statute definition can be a legislative written decree ...
Legal proceeding to exercise a right in a disagreement between private individuals or businesses. One party seeks a remedy against the other. It does not involve a criminal situation. ...
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See ordinary annuity. ...
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