With a deed of trust, I can concur.
With a mortgage, I cannot.
With a mortgage, the tenant has legal and equitable title. The tenant is responsible for "rent" on the land. Tenant is obviously in possession of, using, and enjoying the home. The lender retains a security interest in the property i.e. lien.
With a mortgage it is a conditional conferment, if you will.
It is their account, my opinion of course.Originally Posted by motla68
Fair enough. I bet you could find the historical treatment of certificates and items in bail or trust via Google Books.Originally Posted by motla68
I merely used Wikipedia for convenience.Originally Posted by motla68
The substance of what I state come from legal treatises, legal dictionaries, and legal books of authority.
If you want my sources, feel free to ask.
Unlike most people, I can site and backup the vast bulk of my statements with references.
Otherwise, I qualify my statements as opinion, assertion, etc.
There may have been some predecessors or quasi-trusts, but not in the official form known today.Originally Posted by motla68
The form today is born from the 'use upon a use'.