Legal Definitions - onerous deed

An onerous deed is a type of legal document that imposes a burden or obligation on the person who receives it. It is a written instrument that conveys some interest in property and is signed, sealed, and delivered. A deed is a legal document that can be used to transfer ownership of property from one person to another.

Examples of onerous deeds include:

• A mortgage deed, which is a document that creates a lien on a property as security for a loan.
• A deed of trust, which is a document that conveys title to real property to a trustee as security until the grantor repays a loan.
• A deed of settlement, which is a document that settles the distribution of property in a marriage.

These examples illustrate how an onerous deed can impose a burden or obligation on the person who receives it. For example, a mortgage deed requires the borrower to make regular payments on the loan, while a deed of trust requires the borrower to repay the loan or risk losing the property.