Nev. Rev. Stat. § 108.236

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 108.236 - Court must declare rank of lien claimants or class of lien claimants; application of proceeds
1. In every case in which different liens are asserted against any property, the court, in the judgment, must declare the rank of each lien claimant or class of lien claimants in the following order:
(a) First: All labor whether performed at the instance or direction of the owner, the subcontractor or the prime contractor.
(b) Second: Material suppliers and lessors of equipment.
(c) Third: All other lien claimants who have performed their work, in whole or in part, under contract with the prime contractor or any subcontractor.
(d) Fourth: All other lien claimants.
2. The proceeds of the sale of the property must be applied to each lien claimant or class of lien claimants in the order of its rank.

NRS 108.236

Added to NRS by 1965, 1164; A 1993, 2056; 2003, 2607
Added to NRS by 1965, 1164; A 1993, 2056; 2003, 2607