EstatePass
FinancingDeeds_of_trust_as_primary_security_instrumentEASY

Nevada uses which security instrument?

Correct Answer

B) Deeds of trust

Nevada primarily uses deeds of trust as the security instrument for real estate loans.

Answer Options
A
Mortgages only
B
Deeds of trust
C
Both equally
D
Land contracts only
Video Explanation2 min
Audio Lesson2 min
Study Infographics
Study card infographic for: Nevada uses which security instrument?
Download

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Financing Question

Sign up free to unlock full analysis

Background Knowledge for Financing

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Financing

Sign up free to unlock full analysis

Common Mistakes to Avoid on Financing Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Related Topics:

foreclosure-processesreal-estate-finance-basics

Key Terms:

deed of trustNevada Revised Statutes Chapter 107non-judicial foreclosuretitle theorysecurity instrument
Was this explanation helpful?

More Financing Questions

People Also Study

Financing Questions

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing