Deed of Trust Form - Rhode Island

Whether you are giving a loan to a borrower, or receiving a loan from the lender you can use a Rhode Island Deed of Trust to ensure the obligation to return money will be performed in full. This type of deed involves an intermediary called a trustee who holds the title of ownership to real property (that they received from the borrower) which will be transferred to the lender of the borrower will not perform their obligation on terms of the deed. The Rhode Island General Laws do not include a statutory form for such kind of deed, however, it allows individuals to use forms other than statutory as well (§ 34-11-11).

Related Forms and Topics:

• Rhode Island Gift Deed;
• Rhode Island Warranty Deed;
• Rhode Island Special Warranty Deed.