Nev. Rev. Stat. § 159A.1375

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 159A.1375 - Sale of real property of protected minor to holder of mortgage or lien on such property

At a sale of real property that is subject to a mortgage or lien, the holder of the mortgage or lien may become the purchaser. The receipt for the amount owed to the holder from the proceeds of the sale is a payment pro tanto.

NRS 159A.1375

Added to NRS by 2017, 846

Added by 2017, Ch. 172,§93, eff. 7/1/2017.