Latest Payment (or Closing) Statement: An economic revelation giving a bookkeeping of all money received and you can paid in the financing closure

Big date of Recordation: The fresh time on what an action regarding trust are officially entered towards books of the state recorder on county from inside the that house is receive.

Action of Faith: A security device, included in place of a mortgage, promoting name when you look at the faith so you're able to an authorized layer a specific little bit of property.