Chapter 4 of Title 11 of the Kosrae State Code - The Deed of Trust. Pays/Territoire Micronésie, États Féd. Sous-division territoriale Kosrae Type du document Législation Date 2001 Source FAO, FAOLEX Sujet Terre et sols Mot clé Régime foncier Transfert Terrains agricoles Aire géographique Asie et Pacifique, Micronesie, Océanie, Petits états insulaires en développement, Pacifique Sud Résumé This Chapter specifies rules relative to the writing, transfer, foreclosure, etc. of a deed of trust and defines legal consequences and proceedings in relation with the creation or foreclosure of a deed of trust. A transfer in trust of an estate in real property may occur to secure the performance of an obligation or the payment of a debt. A transfer does not entitle the trustee or beneficiary to the possession of the property, except as provided in this Chapter. The Chapter also provides for the establishment of a loan guarantee escrow account where the beneficiary is the Farmers Home Administration. Texte intégral Anglais Site web fsmlaw.org