Legal Templates
Purchase Money Deed Of Trust

Purchase Money Deed Of Trust for the United States

Purchase Money Deed Of Trust Template for United States

A Purchase Money Deed of Trust is a legal instrument used in the United States to create a security interest in real property that is being purchased with borrowed funds. It involves three parties: the trustor (borrower), the trustee (neutral third party), and the beneficiary (lender). This document creates a lien on the property, securing the loan used to purchase the property. It is commonly used in states that follow the deed of trust system rather than traditional mortgages.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

Get our United States-compliant Purchase Money Deed Of Trust

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Purchase Money Deed Of Trust

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Purchase Money Deed Of Trust?

A Purchase Money Deed of Trust is utilized when a buyer needs to borrow funds to purchase real property and the lender requires security for the loan. This document is specifically designed for use in U.S. jurisdictions that recognize deed of trust arrangements. It differs from a traditional mortgage in that it involves a third-party trustee who holds legal title until the loan is either paid off or defaulted upon. The document includes detailed property descriptions, loan terms, payment obligations, default provisions, and remedies available to the lender. It's particularly common in states like California, Texas, and Virginia, where it serves as the primary security instrument for real estate financing.

What sections should be included in a Purchase Money Deed Of Trust?

1. Parties: Identifies the Trustor (borrower), Trustee, and Beneficiary (lender)

2. Background: Details of the underlying loan and property transaction

3. Definitions: Key terms used throughout the document

4. Property Description: Legal description of the secured property

5. Security Agreement: Core terms of the trust deed securing the property

6. Payment Terms: Details of payment obligations

7. Default Provisions: Circumstances constituting default and remedies

What sections are optional to include in a Purchase Money Deed Of Trust?

1. Insurance Requirements: Specific insurance obligations when lender requires specific insurance coverage

2. Property Maintenance Provisions: Requirements for property upkeep when specific maintenance standards are required

3. Due on Sale Clause: Acceleration of debt upon property transfer when lender wants to prevent property transfer without consent

What schedules should be included in a Purchase Money Deed Of Trust?

1. Property Description Schedule: Detailed legal description of the property

2. Promissory Note: Copy of the underlying promissory note

3. Payment Schedule: Detailed breakdown of payment obligations

4. Insurance Requirements Schedule: Detailed insurance requirements if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image

Jurisdiction

United States

Publisher

Genie AI

Document Type

Trust Deed

Sector

Real Estate

Cost

Free to use
Clauses
Grant of Security Interest
Property Description
Payment Terms
Default and Remedies
Insurance Requirements
Property Maintenance
Taxes and Assessments
Assignment and Transfer
Acceleration
Power of Sale
Foreclosure
Due on Sale
Condemnation
Environmental Compliance
Representations and Warranties
Covenants
Notice Requirements
Governing Law
Severability
Subordination
Rights of Entry
Waiver
Release and Reconveyance
Indemnification
Survival
Amendment
Recording and Transfer
Escrow Requirements
Substitution of Trustee
Time of Essence
Industries

State Real Property Laws: State-specific laws governing real estate transactions, property rights, and title transfers that vary by jurisdiction

State Recording Requirements: Specific state regulations regarding how and where property documents must be recorded and filed

State Foreclosure Laws: State-specific regulations governing the foreclosure process and borrower rights

Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and standardized information about borrowing costs

Real Estate Settlement Procedures Act (RESPA): Federal law governing real estate settlement processes and requiring specific disclosures for residential transactions

Dodd-Frank Act: Federal legislation affecting mortgage lending practices and consumer protection in financial transactions

Fair Housing Act: Federal law prohibiting discrimination in real estate transactions based on protected characteristics

Equal Credit Opportunity Act: Federal law ensuring equal access to credit and preventing discrimination in lending

Statute of Frauds: Legal requirement that certain contracts, including real estate transactions, must be in writing to be enforceable

Notarization Requirements: State-specific rules for document authentication and notary procedures

Anti-deficiency Statutes: State laws limiting lender's ability to pursue borrowers for deficiency after foreclosure

Homestead Protection Laws: State laws protecting certain amount of home equity from creditors

Right of Redemption Laws: State laws allowing borrowers to reclaim property for a certain period after foreclosure

IRS Regulations: Federal tax regulations governing the treatment of purchase money mortgages and related transactions

Bankruptcy Code: Federal laws governing the treatment of secured interests and automatic stays in bankruptcy proceedings

Uniform Commercial Code: Standardized commercial laws that may affect certain aspects of real estate transactions involving personal property

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

No matches found.

Package Deed Of Trust

A U.S. legal instrument that creates a three-party security interest in real property, combining standard provisions into a comprehensive package.

find out more

Deed Of Trust Refinance

A U.S. legal document securing a refinanced loan with real property as collateral, typically used in deed of trust states.

find out more

Deed Of Trust Notary

A U.S. legal document creating a security interest in real property, requiring notarization and involving trustor, trustee, and beneficiary.

find out more

Trustee's Deed Foreclosure

A U.S. legal document transferring property ownership after a foreclosure sale under a deed of trust.

find out more

Trust Deed Of Amendment

A U.S. legal document used to modify existing trust agreements while maintaining compliance with federal and state trust laws.

find out more

Trust Deed Mortgage

A U.S. legal instrument that creates a three-party security interest in real property, transferring legal title to a trustee as loan security.

find out more

Tenancy In Common Trust Deed

A U.S. legal document establishing a trust for property held by multiple owners as tenants in common, defining ownership rights and management responsibilities.

find out more

Second Deed Of Trust Foreclosure

A U.S. legal document initiating foreclosure proceedings on a property secured by a second deed of trust, following state-specific foreclosure laws.

find out more

Revocable Tod Deed

A legal document used in the United States that transfers real property to designated beneficiaries upon the owner's death, while remaining revocable during the owner's lifetime.

find out more

Owelty Deed Of Trust

A U.S. legal instrument that secures a lien created during property division in divorce settlements to ensure equalization of equity between spouses.

find out more

Joint Mortgage After Trust Deed

A U.S. legal document establishing a joint mortgage arrangement on property held under a trust deed, creating shared borrower obligations and security interests.

find out more

Deed To Secure Debt

A Georgia-specific security instrument that transfers property title to a lender as collateral for a loan, while allowing the borrower to maintain possession.

find out more

Trustee Of Deed Of Trust

A U.S. legal document establishing trustee responsibilities in a deed of trust arrangement, commonly used in real estate financing.

find out more

Deed Of Trust Divorce

A U.S. legal instrument establishing a trust to manage and transfer property as part of divorce proceedings.

find out more

Deed Of Trust After Marriage

A U.S. legal document that transfers property into a trust after marriage, subject to state trust and marital property laws.

find out more

Home Equity Conversion Deed Of Trust

A U.S. legal instrument securing a reverse mortgage loan against a property, complying with federal FHA/HUD requirements.

find out more

Living Trust Deed Property

A U.S. legal document creating a living trust for property management and transfer, governed by federal and state trust laws.

find out more

Unreleased Deed Of Trust

A U.S. real estate security instrument that remains active on property records despite satisfaction of the underlying debt.

find out more

Trustee Warranty Deed

A U.S. legal instrument used by trustees to transfer real property with title warranties to a grantee.

find out more

Revolving Credit Deed Of Trust

A U.S. security instrument creating a property lien to secure a revolving credit facility, commonly used in deed of trust states.

find out more

Note Secured By Deed Of Trust Straight Note

A U.S. legal instrument evidencing a debt secured by real property through a deed of trust, establishing repayment terms and security interest.

find out more

Money Trust Deed

A U.S. legal document establishing a trust relationship for monetary assets, defining trustee powers and beneficiary rights under federal and state trust laws.

find out more

Joint Tenancy Deed Of Trust

A U.S. legal document combining joint property ownership rights with a trust structure for enhanced property management and succession planning.

find out more

Home Equity Conversion Second Deed Of Trust

A U.S. legal instrument securing a reverse mortgage as a secondary lien on a property, subject to federal and state regulations.

find out more

Existing First Trust Deed Loan

A U.S. legal instrument governing an existing first-position trust deed loan secured by real property.

find out more

Deed Of Partial Reconveyance

A U.S. legal document that releases a portion of property from a deed of trust while maintaining security interest on the remaining property.

find out more

Commission Approved Deed Of Trust

A U.S. state commission-approved security instrument that creates a three-party arrangement to secure real property as collateral for a loan.

find out more

Absolute Trust Deed

A U.S. legal document creating an irrevocable transfer of assets from a settlor to trustees for specified beneficiaries' benefit.

find out more

Trust On Death Deed

A U.S. legal document that transfers real property to designated beneficiaries upon the owner's death, avoiding probate.

find out more

Deed Of Trust Beneficiary

A U.S. legal document establishing a security interest in real property through a three-party trust arrangement.

find out more

Second Lien Deed Of Trust

A U.S. legal document creating a subordinate security interest in real property, second in priority to an existing first mortgage or deed of trust.

find out more

Deed Of Vesting Of Trust

A U.S. legal document that formally transfers ownership of assets from an individual or entity to a trust structure.

find out more

Deed Of Confirmation Of Trust

A U.S. legal document that formally confirms the existence and terms of a trust arrangement.

find out more

Short Deed Of Trust

A U.S. legal instrument that creates a security interest in real property, involving a trustor, trustee, and beneficiary.

find out more

Reverse Mortgage Deed Of Trust

A U.S. legal document securing a reverse mortgage loan against property, compliant with FHA and HUD requirements.

find out more

Grant Deed To A Revocable Trust

A U.S. legal document transferring real property ownership from an individual or entity to a revocable trust, subject to state-specific requirements.

find out more

Grant Deed And Deed Of Trust

A U.S. legal document that combines property transfer with loan security, used in real estate transactions where trust deed financing is preferred.

find out more

Future Advance Deed Of Trust

A U.S. legal document creating a security interest in real property to secure both current and future loans or advances.

find out more

Warranty Deed And Deed Of Trust

A U.S. legal document that combines property transfer (warranty deed) with loan security (deed of trust) in real estate transactions.

find out more

Deed Of Beneficial Interest

A U.S. legal document that establishes and evidences a beneficiary's interest in trust property or assets.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

BlogAbout UsCareers🌎 Global Site

Templates

Contract Templates

Agreement Contract
Confidentiality Notice
Disclosure Agreement
Sale and Purchase Agreement
Sales Contract
Service Agreement

Letter Templates

Employment Letter
Experience Letter
Letter of Authority
Reference Letter
Rejection Letter
Termination Letter

Policy Templates

Compliance Agreement
Employment Policy
Health and Safety Policy
Information Security Policy
Privacy Policy
Workplace Policy

Industries

Legal Services

Limited Power of AttorneyBasic Binding Side LetterLetter of IntentNon Binding Comfort LetterContract For Employing A Salaried Partner Deed of Surrender (Lease)Templates for Lawyers

Manufacturing

Consignment ContractStandard Exclusive Distribution Agreement (UK)Intercompany Services Agreement Standard Directors Service AgreementConditions of Supply Memorandum of Understanding Manufacturing Legal Templates

Construction

Vesting CertificateLetter of Claim (Pre-Action Protocol)Tenancy at WillSection 146 Notice (Remedy Breach of Lease)Notice Of Forfeiture Of Lease By LandlordLease Report (Long Form)Construction Legal Templates

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

© 2025 Genie AI Ltd. All rights reserved

Generate Legal Docs Free

Create your first 2 documents for free
You keep IP ownership of your information
Your data doesn't train Genie's AI
2 Docs LeftAccess Now
*No registration required