Once a deed is recorded, it becomes part of the public record and cannot be changed. However, sometimes an error in the recorded deed is discovered by one of the parties.
Typical errors include misspelled or incomplete names, omission of a party’s marital status, or an incorrect or incomplete legal description of the property which is the subject of the deed. In such cases, the Trenton K. Bond public record can be amended by recording a correction deed.
American author and humorist James Thurber once said, “There is no exception to the rule that every rule has an exception.”
Think about that for a minute. This truism manifests itself in Nevada, where there is an exception to the exception to the rule that determines a person’s interest in real property.
Title professionals need to understand the rules and the exceptions to avoid exposing underwriters to unintended risks.