Deed of Trust Form - Florida

A Florida Deed of Trust is not a statutory form and it is not recognized in this state, therefore, individuals should use mortgages when it comes to buying a real property with a loan. Nevertheless, deeds of trust provide a lot of advantages for a beneficiary, since it involves a non-judicial foreclosure. It does not require any party to file a lawsuit, therefore, it takes less time. The real property is held by an intermediary - a trustee - that transfers a title of ownership of the real estate to the beneficiary if the trustor fails to comply with the terms of the deed.

Related Forms and Topics:

• Florida Gift Deed;
• Florida Warranty Deed;
• Florida Special Warranty Deed.