Statutes, codes, and regulations
Nevada Revised Statutes
Title 13 - GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTSChapter 159 - GUARDIANSHIP OF ADULTSTRANSACTIONS INVOLVING REAL AND PERSONAL PROPERTY
SALE OF REAL PROPERTY
Section 159.1375 - Sale of real property of protected person to holder of mortgage or lien on such property

Nev. Rev. Stat. § 159.1375

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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 159.1375 - Sale of real property of protected person 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 159.1375

Added to NRS by 2003, 1760
Added to NRS by 2003, 1760