Deed of Trust Form - Nevada

When you want to sign a document that will secure a loan you gave an individual to buy real estate, you should think about using a Nevada Deed of Trust . This type of deed implies that one of the involved parties - a trustee - will hold the title of ownership of real estate until the obligation to a beneficiary is satisfied by the trustor. The Nevada Revised Statutes designate, that if the deed parties want to involve a nonjudicial foreclosure (if needed), they shall include a power of sale clause in their deed (107.025). That way the beneficiary can initiate a foreclosure without involving a court, therefore, it will take less time.

Related Forms and Topics:

• Nevada Gift Deed;
• Nevada Warranty Deed;
• Nevada Special Warranty Deed.