Statutes, codes, and regulations
Nevada Revised Statutes
Title 12 - WILLS AND ESTATES OF DECEASED PERSONSChapter 148 - SALES, CONVEYANCES AND EXCHANGES
GENERAL PROVISIONS
Section 148.150 - Right of holder of lien on property to purchase it; receipt as payment pro tanto

Nev. Rev. Stat. § 148.150

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 148.150 - Right of holder of lien on property to purchase it; receipt as payment pro tanto

At a sale of real or personal property upon which there is a mortgage or lien, the holder thereof may become the purchaser, and the receipt for the amount due to the holder from the proceeds of the sale is a payment pro tanto.

NRS 148.150

[149:107:1941; 1931 NCL § 9882.149]-(NRS A 1999, 2317)
[149:107:1941; 1931 NCL § 9882.149 ] - (NRS A 1999, 2317)