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Florida Deed Trust Form

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Instructions and help about Florida Deed Trust

hi Coach Jeff here today one of the questions I get asked all the time is what is the difference between a mortgage and a trust deed it's a good question they're basically one in the same some states use the terminology mortgage to document or to back up the fact that there is a loan so that loan on a property would be considered a mortgage but it would also be considered a trustee which is technically the term used in some states to designate the document that evidences the mortgage so mortgage trustee kind of one and the same it doesn't really matter some states use the term mortgage some are mortgage States as we call it and some are trusteed state so Michigan for example is a mortgage state California is a trust deed States one in the same they both evidence or document a loan against a piece of real property so don't get confused it's just a state preference or state terminology

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