Sale of real property of protected person to holder of mortgage or lien on such property.

Checkout our iOS App for a better way to browser and research.

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)


Download our app to see the most-to-date content.