Nev. Rev. Stat. § 40.050

Mortgage not deemed conveyance.

Last amended: 2019Year: 2026Length: 66 wordsOfficial source
A mortgage of real property shall not be deemed a conveyance, whatever its terms, so as to enable the owner of the mortgage to take possession of the real property in the absence of a foreclosure sale or in accordance with NRS 32.100 to 32.370, inclusive, NRS 107.100 or chapter 107A of NRS. [1911 CPA § 576; RL § 5518; NCL § 9065]—(NRS A 2019, 1372)
Nev. Rev. Stat. § 40.050: Mortgage not deemed conveyance. | Justis AI