Saturday, May 18, 2024, 12:53 AM
Site: Burk Baker School of Real Estate & Appraising
Course: DEMO (DE101)
Glossary: Real Estate Glossary
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TRUSTEE

One who holds property in trust for another to secure the performance of an obligation.

TRUSTOR

The borrower in a trust agreement.

TRUTH-IN-LENDING

A federal law designed to let borrowers know the exact cost of obtaining credit; a disclosure device.