A Deed of Trust is a security instrument, like a mortgage.  

Sean McDonnell was instrumental to the purchase of the property and continued success.

If you find out they are not paying, calling all the time over their neighbors music, get put on the sexual predator registry, you can simply non renew. 

Yes a deed would but a mortgage is just a security instrument. 

-The first Punk Rock Museum in the US opened in Las Vegas with a comprehensive collection of punk music, lifestyle, and culture; it features a bar, tattoo parlor, wedding chapel, and jam room where visitors can play instruments played by famous punk rockers.

The lien instrument (deed of trust or mortgage depending on state) will be recorded, and the original promissory note and any other disclosures will be sent to the lender, and once the lien instrument is recorded the lender will also be sent the original. 

Bonding is a seperate financial instrument where another company basically takes on the financial responsibility of you fulfilling the law or a contract.

The person has a substantive investment in the facilities, tools, instruments, materials and knowledge used by the person to complete the work;2.

Although it seems silly, small details like putting out air fresheners, fake flowers, playing some music when showing, and having nice curtains add to making the place feel like home.As far as flips, I really don't get into those.

We can use a reasonable educated guess to assume that the music stops and prices should be dropping or the market should shift back from a sellers to a buyers market in 4-5 years or so in many markets.