That last sentence is not complete, accurate, nor clear.The Deed of Trust is the instrument used to secure the loan on the property, the Trust Deed would be the conveyance.@ everyone else.

They may work fine, like any agreement through clear sailing, they don't work as well in storms as any debt instrument secured only secures the financial interests outstanding, not the possibilities that may have existed if things went as expected.

As much as I love my music, I have basically turned it off and listen to the podcasts whenever I can, and I also learn as much as I can from knowledgable people not only on the site, but in life period.

In addition, if the proposed instrument of conveyance is to be executed by an officer other than a Vice President, Chief Executive Officer, or President, a certified resolution authorizing said officer to execute on behalf of grantor must be recorded.

If we assume it is AR, then here is what you finance department says about private party exemptions:A person who engages in seller-financed transactions or who as a seller of real property receives mortgages, deeds of trust, or other security instruments on real estate as security for a purchase money obligation if: (a) The person does not receive from or hold on behalf of the borrower any funds for the payment of insurance or taxes on the real property; and (b) The seller does not sell the liens or mortgages in the secondary market other than to affiliated or subsidiary persons; (xi) An individual or husband and wife who provide funds for investment in loans secured by a lien on real property on his or her or their own account and who do not:(a) Charge a fee or cause a fee to be paid for any service other than the normal and scheduled rates for escrow, title insurance, and recording services; and (b) Collect funds to be used for the payment of any taxes or insurance premiums on the property securing the loans; The issue with the rule interpretation is that in some states an MLO must be employed by a company licensed to conduct the activity of brokering or lending.

I'd say that unless it's required by regulation or law, small investors should not be using NRD instruments, it's certainly not customary practice.I did not address personal guarantees, which is different from NRD.

In addition, if you read most conventional security instruments (mortgage, DOT) similar language is included.

It even prints a hard copy and spits it out of it's belly for the visitor to take home their copy.Agents can use drones to turn on lights, air conditioning, light a scented candle, music before a client visits.When the grass is too tall the drone can even mow the yard.That sounds more realistic and reachable then delivering octocopters.

Kinda like the Music Man who came to town to teach music to sell instruments, who knew nothing about teaching music, so he adopted the "think" system, just think you can and you can.

I attended another guru introductory meeting and it had the 90s hyped up motivational music, the overly enthusiastic presenter (think Ben Stiller back when he was in Heavy Weights), and plenty of pictures of exciting vacations with sexy cool things.