Deed Of Trust And Assignment Of Rents

Is this the same thing, or what do they meana

No, they are not the same thing.

A trust deed is a security instrument that the interest obligation of an owner of his land as collateral for a debt. The trust deed of the functions a bit like a mortgage in most states.

The assignment of rents is generally a security instrument in which the commitments owner rents the land he received as security for a debt. Thus, for example, if an owner of a mall is to get a loan, he could pledge the rents it receives from tenants (stores) as collateral for the loan. If the owner does not pay the loan payments, the bank comes to take the rent paid by the tenant.

In practice, in a large commercial loan on income producing commercial property (like a mall), the lender will require both an act of trust and assignment of rents. Very often these two are put in the same document, and it is called a "deed of trust and assignment of rents."

After the loan was the lender may sell the loan to another lender. In this case, the interest of lenders would be assigned to the new lender and there would be a "transfer of the deed of trust and assignment of rents."

These are some pretty complex and I guess you get help on an assignment. If you talk to a real operation, then you can not deal with this legal advice, because the situation can not be properly analyzed the issue that you posed naked without knowing the facts. If this is a real estate transaction - your lawyer before signing anything.