Trust Deeds Come of Age in Nebraska: A Survey and Analysis
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Authors
Butler, Richard J.
Issue Date
1984
Volume
17
Issue
Type
Journal Article
Language
Keywords
Alternative Title
Abstract
INTRODUCTION|Trust deeds are a security device that can be used in place of a mortgage or a land contract in a typical real estate transaction. In Nebraska the use of trust deeds is governed by the Nebraska Trust Deeds Act. Although this Act was originally enacted in 1965, trust deeds have not been used with great frequency in Nebraska until recently. However, most of the major mortgage lenders in Nebraska are beginning to utilize trust deeds instead of mortgages. Thus, the Nebraska Trust Deeds Act is becoming more important to the Nebraska practitioner in real estate and finance law. This article will provide an overview of the Nebraska Trust Deeds Act through analysis of the important procedural and substantive issues it entails...
Description
Citation
17 Creighton L. Rev. 283 (1983-1984)
Publisher
Creighton University School of Law