Last reviewed 08-20-2026Short-Sale.com Editorialglossary
FIRST TRUST DEED
California Department of Real Estate
Updated 08-20-2026
FIRST TRUST DEED
A legal document pledging collateral for a loan (See “trust deed”) that has first priority over all other claims against the property except taxes and bonded indebtedness. That trust deed superior to any other.
California Department of Real Estate Glossary
California Department of Real Estate · p. 15
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