Nev. Rev. Stat. § 681B.109

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

Section 681B.109 - Valuation of purchase money mortgages

Purchase money mortgages on real property referred to in subsection 1 of NRS 681B.108 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90 percent of the fair value of such real property, whichever is less.

NRS 681B.109

Added to NRS by 1971, 1617

(Added to NRS by 1971, 1617) - (Substituted in revision for NRS 681B.190 )