Real Estate Terms - T

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	Tract House A house similar to other homes within a subdivision and built by the same developer, as opposed to a custom home built to owner specifications.
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	Trust Deed An instrument that conveys legal title of a property to a trustee to be held pending fulfillment of an obligation, usually the repayment of a loan to a beneficiary (lender).
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	Trustee One who holds bare legal title to a property in trust for another to secure performance of a debt obligation.
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