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The Differences Between a Deed & a Deed of Trust Who Is the Trustee in a Deed of Trust? A deed of trust with assignment of rents is the document that underlies the loan on a rental property. The lender's security interest in the property gets created by the deed of trust. The ...
Types of special purpose deeds include but are not limited to: 1  Administrator's Deed-May be used when a person dies intestate (without a will). 2  A court appointed administrator will dispose of the decedent's assets and an administrator's deed may be used to convey the title of real property to the grantee. Deed of Gift-A deed of gift or gift deed is used to convey the title on real property that is given for no consideration or for only a token consideration. 2  In some states, the gift deed must be recoded within two years or it becomes void.