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Education, Misc
May 17, 2018
All-inclusive deed of trust ( AIDT)

Word of the day
All-inclusive deed of trust( AIDT)
A purchase-money deed of trust subordinate to, but still including, the original encumbrance or encumbrances. It is similar to a wraparound mortgage, except that a deed of trust is used rather than a mortgage.

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John Reilly
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