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This document outlines the Deed of Trust for financing rehabilitation in compliance with South African mining regulations, detailing responsibilities of the Trustee and Founder.
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What is deed of trust?
A deed of trust is a legal document that secures a loan by transferring the title of real property to a third party (trustee) until the loan is repaid.
Who is required to file deed of trust?
Typically, the borrower and the lender are involved in the execution of a deed of trust, but it is usually filed by the lender or the lender's representative.
How to fill out deed of trust?
To fill out a deed of trust, include the names of the borrower, lender, and trustee; a description of the property; the loan amount; and the terms of the loan.
What is the purpose of deed of trust?
The purpose of a deed of trust is to secure the loan with the property as collateral, allowing the lender to foreclose if the borrower defaults.
What information must be reported on deed of trust?
Information that must be reported includes the names of the parties involved, the address and legal description of the property, the loan amount, and the terms of repayment.
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