Nevada
Get the legal documents you need to cover a new home purchase loan in Nevada - download standard Nevada Mortgage Forms and start preparing your paperwork right away.
The Nevada Division of Mortgage Lending is responsible for enforcing laws and regulations that govern mortgage brokers, agents, bankers, escrow agents and other persons and firms who provide services related to mortgage loans. They oversee professional standards and behavior, and provide complaint resolution services to consumers.
Licensing is done through the Nationwide Mortgage Licensing System (NMLS), however title companies who provide escrow services are licensed and regulated by the Nevada Division of Insurance.
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Nevada Contract for Deed
A contract for deed (also called an installment sales contract or land contract) gives sellers an opportunity to sell a real estate property to a buyer who does not qualify for a conventional mortgage loan. This template is for the State of Nevada.
- The contract for deed is an owner financed transaction in which the seller also becomes the mortgage lender.
- Even though the buyer takes possession of the property, title remains with the seller until all of the purchase price, plus interest (if any), has been paid in full.
- The seller has the right to repossess the property if the buyer fails to keep up the payments.
- The template includes several different repayment methods. Just choose the one you want and delete the others.
When selling to a family member or close friend, a Contract for Deed is often a good solution. To get the Nevada form, add it to your cart and proceed through the secure checkout. Once you've paid you can download the form.
$17.99
Nevada Deed of Trust
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.
$17.99
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