Sale of equity of estate in real property of protected minor that is subject to mortgage or lien and of property that is subject to mortgage or lien.

  1. Law
  2. Nevada Revised Statutes
  3. Guardianship of Minors
  4. Sale of equity of estate in real property of protected minor that is subject to mortgage or lien and of property that is subject to mortgage or lien.

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

1. In the manner required by this chapter for the sale of like property, a guardian may sell:

(a) The equity of the estate in any real property that is subject to a mortgage or lien; and

(b) The property that is subject to the mortgage or lien.

2. If a claim has been filed upon the debt secured by the mortgage or lien, the court shall not confirm the sale unless the holder of the claim files a signed and acknowledged document which releases the estate from all liability upon the claim.

(Added to NRS by 2017, 846)


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