Nev. Rev. Stat. § 159.1475

Sale of real property made upon credit.

Last amended: 2003Year: 2026Length: 71 wordsSubsections: 2Official source
1. If a sale of real property is made upon credit, the guardian shall take: (a) The note or notes of the purchaser for the unpaid portion of the sale; and (b) A mortgage on the property to secure the payment of the notes. 2. The mortgage may contain a provision for release of any part of the property if the court approves the provision. (Added to NRS by 2003, 1763)
Nev. Rev. Stat. § 159.1475: Sale of real property made upon credit. | Justis AI