- n. law A person who creates a trust.
- n. (law) a person who creates a trust by giving real or personal property in trust to a trustee for the benefit of a beneficiary; a person who gives such property is said to settle it on the trustee
“The way the trust works is that you are the beneficial owner (trustor of sorts) of the real estate with every and all rights of ownership including but not limited to the ability to re-sell it, rent it, build on it, exclude or allow access to anyone you want, and use it within the normal allowed usage of any real estate.”
“Trusteeship differs from custodianship: in the former, it is to the trustor that one owes the object's welfare; in custodianship, it is to the object of the custodial right that one is obligated in seeking that object's welfare.”
“In the clauses under debate it provides, that the Senate shall have the sole power to try all impeachments, and then subjoins, that judgment in cases of impeachment, shall not extend further than to removal from office, and disqualification to hold and enjoy any office of honour, trustor profit under the United States.”
“The person in whom trust is placed (trustee) is trustworthy, then the trustor will be better off than if he or she had not trusted.”
“Conversely, if the trustee is not trustworthy, then the trustor will be worse off than if he or she had not trusted (this is reminiscent of a classical prisoner's dilemma).”
“In the 34 states that use Trust Deed instead of mortgages, like California, virtually all purchases involve three parties; the trustor (borrower), the beneficiary (lender), and the trustee (neutral third party receiving the right to foreclose).”
“California, virtually all purchases involve three parties; the trustor (borrower), the beneficiary (lender), and the trustee (neutral third party receiving the right to foreclose).”
“The reconveyance falsely represented that the trustee had received a written request to reconvey from the trustor (the plaintiff) and that all sums secured by the deed of trust had been paid.”
“ Ada 3 pihak dalam hubungan saling percaya itu, yaitu yg menciptakan kepercayaan (the trustor), yg diberi kepercayaan (the trustee), dan yg menarik manfaat dari pemberian kepercayaan itu (the beneficiary).”
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