The Court held that the separation of a promissory note, held by a principal, and the deed of trust, held by an agent of the principal, does not render either instrument “void,” or require the reunification of the note and the deed of trust in order to foreclose. The Court further held that, under Nevada law and in the case of a contractual principal-agent relationship, the recordation of an assignment of a deed of trust is a “ministerial act.”
131 Nev. Adv. Op. 55 (Jul. 30, 2015)
Fick, Walter, "In re Montierth, 131 Nev. Adv. Op. 55" (2015). Nevada Supreme Court Summaries. 896.