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2007-05-02 07:36:52 · 1 answers · asked by Suzyqq456 1 in Business & Finance Renting & Real Estate

1 answers

It is a contingent deed allowing a trustee to seize your home should you fail to pay as agreed or maintain insurance or any other contractual provision. The deed is released upon payment of the debt.

2007-05-02 07:41:56 · answer #1 · answered by OPM 7 · 0 0

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