Nev. Rev. Stat. § 107.480

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 107.480 - Restrictions on trustee's power of sale and civil actions for foreclosure sales
1. In addition to the requirements of NRS 40.439, 40.4395, 107.085 and 107.086, the exercise of a trustee's power of sale pursuant to NRS 107.080 with respect to a deed of trust securing a residential mortgage loan is subject to the provisions of NRS 107.400 to 107.560, inclusive.
2. In addition to the requirements of NRS 40.430 to 40.4639, inclusive, a civil action for a foreclosure sale pursuant to NRS 40.430 involving a failure to make a payment required by a residential mortgage loan is subject to the requirements of NRS 107.400 to 107.560, inclusive.

NRS 107.480

Added to NRS by 2013, 2186; A 2015, 3327; 2017, 1116, 4105, 4106; 2019, 3181
Amended by 2019, Ch. 531,§11, eff. 6/8/2019.
Amended by 2017, Ch. 202,§4, eff. 5/29/2017.
Amended by 2015, Ch. 517,§6, eff. 6/30/2017.
Added by 2013, Ch. 403,§8, eff. 10/1/2013, applicable only with respect to trust agreements for which a notice of default is recorded on or after 10/1/2013, and to a judicial foreclosure action commenced on or after 10/1/2013.