Under Nevada law, who holds bare legal title to the property during the term of a deed of trust?
Correct Answer
C) The trustee, who is the neutral third party named in the deed of trust
Under NRS Chapter 107, the trustee holds bare legal title to the property during the term of the deed of trust. The trustee is a neutral third party (often a title company or attorney) who holds this title in trust for the benefit of the lender (beneficiary). The trustee's role is passive until default, at which point the trustee may conduct a non-judicial foreclosure sale.
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