Answered: What do you mean by “Trust Deed” in…

Business

Finance

What do you mean by “Trust Deed” in context of debenture?

Administration Of Wills/Trusts/ And Estates

5th Edition

ISBN:9781285281308

Author:Brown

Publisher:Brown

Chapter8: Trusts

Section: Chapter Questions

Problem 10RQ

See similar textbooks

Related questions

Q: Define Debenture bond.

A: Bonds: Bonds are long-term promissory notes that are issued by a company while borrowing money from…

Q: What are Deeds?

A: The question is linked to the concept of legal aspect of business, which explain the importance of…

Q: Explain Quitclaim Deed?

A: Quitclaim Deed: Quitclaim Deed is also called as non-warranty deed. A quitclaim deed is considered…

Q: What is meant by debentures?

A: A company has several sources from where it can raise funds. It can issue equity shares and the…

Q: How does a trust works? Explain step by step

A: Answer: Trust is the legal entity that can allow two different parties trustor and trustee to be in…

Q: Who can be a trustee?

A: Trustee: The person who is appointed to manage and look after the assets of a trust is referred as…

Q: 1. What type of trust is applicable in thì situation?

A: A trust is an arrangement which gives the trustee to hold assets placed in the trust. He can act on…

Q: Describe the Rights of the Surety.

A: A surety is a person or entity that takes on the risk of another party defaulting on their debts or…

Q: Types of Trusts?

A: The types of trusts as follows: Living trust: One of the usually shaped trust is an inter vivos…

Q: Explain using practical example how a discount on a debenture is treated ?

A: Let us take an example Divya Ltd. issues Rs. 1, 00,000 debentures on Jan. 1, 2021, at 10 per cent…

Q: Explain the term Right of Entry: Lender in Possession?

A: The question is based on the concept of giving right of entry in case of mortgage arrangement in…

Q: What is meant by “right of return”? “Bill and hold”?

A: Financial accounting standards board (FASB): This is the organization which creates, develops, and…

Q: Describe the fundamental requirements of a valid deed and distinguish among warranty, special…

A: Valid Deed: A deed is a written document that shows that the title of ownership has been transferred…

Q: What factors should be considered in determining the issue price of a debenture ?

A: Debentures are the long term debt issued to pursue a new project. Interest paid in debentures are…

Q: Give the meaning of Trust.

A: Beneficiary/ Fiduciary Trustee A trust has a beneficiary and a trustee. The individual who is the…

Q: What is the difference between a permanent fund and a private-purpose trust fund?

A: A private purpose fund refers to trust agreements where a principal or income benefits individuals,…

Q: What are the benefits of Trust fund

A: A trust fund is that legal entity that holds property on behalf of someone.

Q: What is the role of trusts in estate planning?

A: The process of managing the assets of an individual or an organization until the death of the…

Q: What is a debenture bond?

A: Bonds: Bonds are long-term promissory notes that are represented by a company while borrowing…

Q: What are the critearia for determining if a fiduaciary relationship exists?

A: Fiduciary relationship represents the relationship that is between the trustee and beneficiary.

Q: Explain Transfer of Property or a Beneficial Interest in Borrower?

A: The question is based on the agreement of Mortgage loan in real estate deal.

Q: What is a trust fund?

A: Trust Fund: Trust fund is a legal entity that holds property or assets on behalf of another person,…

Q: Explain the Sheriff’s Deed-Trustee’s Deed?

A: Sheriff’s Deed: It serves to specify the concern(s) of people whose asset was traded at an open…

Q: What does the term debtor in possession mean?

A: Liquidation of partnership: Liquidation of partnership is the process of selling all the…

Q: What is meant by issue of debentures as “Purchase Consideration”.

A: Debenture is a long term or medium term debt instrument issued to borrow loan.

Q: Discuss about the validity of a private express trust in Mauritius with particular reference to the…

A: Here discuss about the details of the validity of the Private express trust which can be formed /…

Q: A trust can be created for any purpose, legal or illegal.

A: Trust is a right in property held by one party for the benefit of other. Trustee is the person who…

Q: What does issue of debentures for consideration other that cash means?

A: Debenture Issued for consideration other than cash:A company can purchase assets from other…

Q: How might the receipt of a gift affect therelationship between the giver and the receiver?

A: Nobody ever learned whenever the tradition of presenting gifts to mark special events began.…

Q: Discuss creation of principal and agency relationship. What is vicarious liability?

A: At the point when an individual connects with another to follow up for his sake it makes a connec…

Q: What is meant by issue of debentures as collateral Security?

A: Collateral is an asset or property that is given by a borrower to lender to secure the loan.…

Q: characteristics of the contract of pledge?

A: Answer: Contract of pledge can be defined as the contract that is established between the parties…

Q: Which are the terms and condition on CONTRACT FOR FUTURE DEED?

A: Contract for future deed is an agreement which provides for the finance by the seller for the sale…

Q: What is the difference between real property and personal property?

A: Real property can be described as a property in which the things are attached to the land.Because it…

Q: Explain the nature of interest on debentures.

A: A fixed amount of money which is paid in the form of interest to the holders of the debentures at…

Q: Explain the requirements for the formation of a suretyship relationship.

A: Intrduction : A suretyship arrangement is described as a relationship in which a third person, the…

Q: How does a trust fund work???Explain the process in simple words

A: Let me start be explaining what a trust fund is. A trust fund is a legal entity that holds property…

Q: What is a testamentary trust?

Q: Does a trust have to have assets? – Explain

A: Meaning of Trust Trusts are one of the major forms of organization for federal tax purposes, along…

Question

What do you mean by “Trust Deed” in context of debenture?

Expert Solution

Step 1

A trust deed moreover called a deed of trust could be an archive that's often used in Joined together States real estate exchanges. It could be a record that comes into action when one party has taken out another party's advance to purchase an asset.

Step 2

It reflects an arrangement between the creditor and a lender to make a neutral and impartial third party keeping the property in trust before the loan is paid off.

Step by step

Solved in 3 steps

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

a. What is the difference between distributing property per capita and per stirpes? When would a per stirpes distribution be required? what are two ways in which the duties of an administrator differ from those of an executor? Must the grantor, trustee, and beneficiary of a trust all be different people? What formalities must be followed to create a testamentary trust?
Describe the usefulness of a discretionary intervivos trust when used as part of an estate freeze.
Types of Trusts?
What is meant by debentures?
A note secured by a deed of trust provides for an automatic action of the laws known as a.a strict foreclosure. b.equitable rights. c.a power of sale. d.a statutory right.
How does a trust works? Explain step by step
The party to which legal title and management responsibilities are initially given in a trust agreement is referred to as the a. trustee. b. remainderman. c. grantor. d. beneficiary.