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The deed of trust is currently used in Alabama, Alaska, Arkansas, Arizona, California, Colorado, District of Columbia, Georgia, Hawaii, Idaho, Iowa, Michigan, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, North Carolina, Oklahoma, Oregon, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia,
Nevada law recognizes three general types of deeds for transferring real estate: a general warranty deed form; a grant, bargain, and sale deed form; and a quitclaim deed form. These three forms vary according to the guaranty the current owner providesif anyregarding the quality of the propertys title.
Some states allow both mortgages and deeds of trust.Mortgage States and Deed of Trust States. StateMortgage StateDeed of Trust StateNebraskaYNevadaYNew HampshireYNew JerseyY47 more rows
Upon the transfer of any real property in the State of Nevada, a special tax called the Real Property Transfer Tax is imposed. The County Recorder in the county where the property is located is the agency responsible for the imposition and collection of the tax at the time the transfer is recorded.
Estate Transactions In an estate transaction where the executor of estate has nothing attesting to the history of the property prior to the owner who has passed, a special warranty deed may be issued.
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In Alabama, Arizona, Arkansas, Illinois, Kentucky, Maryland, Michigan, Montana and South Dakota, the lender has the choice of either a mortgage or deed of trust. In any other state, you must have a mortgage.
The Grantee and Grantor are jointly and severally liable for the payment of the tax. When all taxes and recording fees required are paid, the deed is recorded. Each County Recorders Office: 1.
States that follow title theory include: Nevada. Washington. Oregon. Idaho.
How Much Are Transfer Taxes in Nevada? Nevadas statewide real property transfer tax is $1.95 per $500 of value over $100. Some counties in Nevada, such as Washoe and Churchill, add $0.10 to the rate.
Start Deed of Trust StateMortgage allowedDeed of trust allowedNebraskaYNevadaYNew HampshireYNew JerseyY47 more rows

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