Sale of real property of protected person to holder of mortgage or lien on such property.
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Law
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Nevada Revised Statutes
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Guardianship of Adults
- 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.
(Added to NRS by 2003, 1760)
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