Which term refers to the individual who gives a trust deed in real estate transactions?

The term that refers to the individual who gives a trust deed in real estate transactions is the trustor. In the context of a trust deed, the trustor is the borrower who creates the trust and executes the deed, which transfers the property interest to the trustee for the benefit of the beneficiary. The trustor retains the right to use and occupy the property as long as they meet the obligations outlined in the trust deed, such as making payments as agreed.

Trustees and beneficiaries play different roles in the trust deed arrangement: the trustee holds the legal title to the property and acts on behalf of the beneficiary, who is the entity or person that holds the beneficial interest in the trust. Understanding these roles is essential for navigating real estate transactions involving trust deeds.