Glossary
Deed
A written document by which the ownership of land is transferred from one person to another.
Deed of Trust
See "Mortgage."
Delivery
The final and absolute transfer of a deed from seller to buyer in such a manner that it cannot be recalled by the seller. A necessary requisite to the transfer of title.
Devise
The disposition of real property by will.
Due on Sale Clause
Provision in a mortgage or deed of trust which requires loan to be paid in full if property is sold or transferred.
