Wednesday, February 20, 2013

TRUST - DEED, ACT, IN OREGON STATE

TRUST, noun \?tr?st\ - Definition of TRUST

[1]


a : assured reliance on the character, ability, strength, or truth of someone or something


b : one in which confidence is placed

[2]


a : dependence on something future or contingent : hope
 

b : reliance on future payment for property (as merchandise) delivered : credit <bought furniture on trust>

[3]


a : a property interest held by one person for the benefit of another


b : a combination of firms or corporations formed by a legal agreement; especially : one that reduces or threatens to reduce competition

[4]


archaic : trustworthiness

[5]


a


(1) : a charge or duty imposed in faith or confidence or as a condition of some relationship,


(2) : something committed or entrusted to one to be used or cared for in the interest of another

b : responsible charge or office
 

c : care, custody <the child committed to her trust>

— in trust : in the care or possession of a trustee


MERRIAM WEBSTER DICTIONARY<Click<link<here 

DEED, noun \?de-d\ - Definition of DEED

1:  something that is done <evil deeds>

2:  a usually illustrious act or action : feat, exploit <a hero's daring deeds>

3:  the act of performing : action <righteous in word and in deed>

4:  a signed and usually sealed instrument containing some legal transfer, bargain, or contract


— deed·less adjective 


OREGON REVISED STATUTES<click<link<here

TRUST DEEDS, 86.705, Definitions for ORS 86.705 to 86.795. As used in ORS 86.705 to 86.795:

(4)    “Grantor” means the person that conveys an interest in real property by a trust deed as security for the performance of an obligation.



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