Deed of Trust Form - Pennsylvania

Individuals can use a Pennsylvania Deed of Trust when they would like to make sure the other party will perform their obligation to return the loan. The deed involves three parties and indicates that the trustor (the borrower) shifts the title of ownership of their real property to the trustee. The trustee holds the title until the loan is paid back in full and then transfers the title back to the trustor. if the loan is not returned, the trustor transfers the title to the beneficiary (the lender). The Pennsylvania Consolidated Statutes do not provide individuals with requirements that a deed of trust shall meet, therefore, before compiling one you should consider making an appointment with a lawyer.