Deeds of Trust

  1. Law
  2. Nevada Revised Statutes
  3. Deeds of Trust

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Section
107.015

Definitions.

Section
107.020

Transfers in trust of real property to secure obligations.

Section
107.025

Estate for years: Encumbrance by deed of trust; foreclosure by exercise of power of sale.

Section
107.026

Priority of certain deeds of trust over other liens.

Section
107.027

Lease of unit of cooperative: Ownership interest and votes in cooperative association appurtenant to proprietary lease; encumbrances.

Section
107.028

Trustees: Qualifications; limitations on powers; appointment of new trustee; duties; immunity from liability for certain good faith errors; damages in certain civil actions.

Section
107.029

Trustees: Declaration of nonmonetary status; objection to declaration.

Section
107.030

Adoption of covenants by reference.

Section
107.040

Adoption of covenants by reference in instrument.

Section
107.050

Parties may enter into different or additional covenants.

Section
107.055

Amount must be stated in instrument.

Section
107.070

Recording of assignments of beneficial interests and instruments subordinating or waiving priority of deeds of trust.

Section
107.071

Request by grantor of deed of trust for certified copy of note, deed of trust and assignments.

Section
107.073

Marginal entries; reconveyance must be recorded if deed of trust recorded by photographic process; presentation of certificate executed by trustee or trustee’s personal representative or assignee.

Section
107.077

Delivery of documents by beneficiary to trustee; recording by trustee; liability for failure to deliver or record documents; requirements for release of deed of trust when reconveyance not recorded; liability for improperly recording deed of trust; criminal penalty.

Section
107.078

Partial discharge: Delivery of documents by beneficiary to trustee; recording by trustee; liability for failure to deliver or record documents; requirements for partial release of deed of trust when reconveyance not recorded; criminal penalty.

Section
107.079

Reconveyance when beneficiary cannot be located or refuses to execute and deliver request for reconveyance; recording of surety bond and declaration required in certain circumstances; fees; liability of trustee for reconveyance; remedy.

Section
107.080

Trustee’s power of sale: Power conferred; required notices; effect of sale; circumstances in which sale must be declared void; civil actions for noncompliance with certain requirements; duty to post; duty to record; fees. [Effective through June 30, 2021.]

Section
107.080

Trustee’s power of sale: Power conferred; required notices; effect of sale; circumstances in which sale must be declared void; civil actions for noncompliance with certain requirements; duty to post; duty to record; fees. [Effective July 1, 2021.]

Section
107.081

Time and place of sale; agent holding sale not to be purchaser.

Section
107.082

Oral postponement of sale.

Section
107.083

Proceedings after purchaser refuses to pay amount bid.

Section
107.084

Penalty for removing or defacing notice of sale.

Section
107.085

Restrictions on trustee’s power of sale concerning certain deeds of trust: Applicability; service of notice; scheduling of date of sale; form of notice; judicial foreclosure not prohibited; "unfair lending practice" defined.

Section
107.086

Additional requirements for sale of owner-occupied housing: Notice; form; petition for mediation; election to waive mediation; adoption of rules concerning mediation; applicability. [Effective through June 30, 2021.]

Section
107.086

Additional requirements for sale of owner-occupied housing: Notice; form; petition for mediation; election to waive mediation; adoption of rules concerning mediation; applicability. [Effective July 1, 2021.]

Section
107.087

Notice of default and election to sell in residential foreclosure: Requirements.

Section
107.090

Request for notice of default and sale: Recording and contents; mailing of notice; request by association; effect of request.

Section
107.095

Notice of default: Mailing to guarantor or surety of debt; effect of failure to give.

Section
107.0795

"Abandoned residential property" defined. [Effective through June 30, 2021.]

Section
107.0805

Trustee’s power of sale: Requirements and conditions; contents of notarized affidavits; circumstances in which sale must be declared void. [Effective through June 30, 2021.]

Section
107.0805

Trustee’s power of sale: Requirements and conditions; contents of notarized affidavits; circumstances in which sale must be declared void. [Effective July 1, 2021.]

Section
107.0865

Mediation to negotiate loan modification.

Section
107.100

Receiver: Appointment after filing notice of breach and election to sell.

Section
107.120

Board of county commissioners or governing body of incorporated city may establish by ordinance registry of abandoned residential property. [Effective through June 30, 2021.]

Section
107.130

Expedited procedure for exercise of trustee’s power of sale involving abandoned residential property; inspection of real property to determine abandonment; required notice, certification and affidavit; civil penalty for noncompliance with certain requirements. [Effective through June 30, 2021.]

Section
107.140

Sale in lieu of foreclosure sale: Limitations.

Section
107.200

Contents of statement regarding debt secured by deed of trust.

Section
107.210

Contents of statement of amount necessary to discharge debt secured by deed of trust.

Section
107.220

Persons authorized to request statement from beneficiary; proof of identity of successor in interest.

Section
107.230

Proof of authorization to request statement.

Section
107.240

Grounds for refusal to deliver statement.

Section
107.250

Reliance upon accuracy of statement and amended statement; notification of amended statement; recovery of money by beneficiary if statement is deficient.

Section
107.260

Copy of note or deed of trust for authorized requester.

Section
107.270

Address to which request for statement must be mailed.

Section
107.280

Debt to which information contained in statement is applicable.

Section
107.290

Unclear request for statement deemed to be request for amount necessary to discharge debt.

Section
107.300

Penalty for failure to deliver statement; bar to recovery of certain damages.

Section
107.310

Fee for furnishing statement.

Section
107.311

Applicability of NRS 107.310.

Section
107.400

Definitions.

Section
107.410

"Borrower" defined.

Section
107.420

"Foreclosure prevention alternative" defined.

Section
107.430

"Foreclosure sale" defined.

Section
107.440

"Mortgage servicer" defined.

Section
107.450

"Residential mortgage loan" defined.

Section
107.460

Applicability.

Section
107.470

Right of borrower to pursue more than one foreclosure prevention alternative.

Section
107.480

Restrictions on trustee’s power of sale and civil actions for foreclosure sales.

Section
107.490

Duties of mortgage servicer.

Section
107.500

Requirements before recording of notice of default and election to sell or commencing civil action for foreclosure sale: Notice; contents.

Section
107.510

Recording of notice of default and election to sell or commencing civil action for foreclosure sale prohibited in certain circumstances; mortgage servicer required to contact borrower; exceptions.

Section
107.520

Application for foreclosure prevention alternative; acknowledgment of receipt required; contents of acknowledgment; deficiencies in application.

Section
107.530

Effect of submitting application for foreclosure prevention alternative; offer, acceptance and rejection of foreclosure prevention alternative; denial of application; appeal; fees prohibited.

Section
107.540

Single point of contact required to be established by mortgage servicer for foreclosure prevention alternative; responsibilities.

Section
107.550

Dismissal of civil action for foreclosure sale, rescission of notice of default and election to sell or notice of sale and cancellation of pending foreclosure sale required in certain circumstances; effect on mortgagee or beneficiary of deed of trust.

Section
107.560

Injunctive relief for violation; civil action to recover economic damages; award of costs and attorney’s fees to prevailing party.