Escrow & Title
What is a deed of trust versus a mortgage in Nevada's recording system?
ABoth create identical liens and are recorded the same way
BA deed of trust is recorded as a conveyance of title to the trustee; a mortgage is recorded as a lien✓ Correct
CA mortgage is not recorded in Nevada; only deeds of trust are
DOnly mortgages can be used in Nevada; deeds of trust are not recognized
Explanation
Nevada uses deeds of trust almost exclusively. A deed of trust is recorded as a conveyance of bare legal title to a neutral trustee, who holds it as security.
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