Home loans in Nevada are usually secured by a Deed of Trust instead of a mortgage. This downloadable template is for residential properties.
- Do not use the Deed of Trust for farm land.
- The property is conveyed to a trustee (such as a title company), to hold in trust as security to make sure the borrower / purchaser pays off the loan and performs its other obligations with respect to maintenance and upkeep, payment of taxes, insurance, etc.
- The document contains specific provisions with respect to the lender's power of sale under Nevada law, in the event the borrower defaults in making payments or performing its obligations.
- The lender has the right to remove and replace the trustee at any time.
Download a copy of the Nevada Deed of Trust by adding it to your cart and paying via the secure checkout system.
Last Updated: 14-April-2016