Nev. Rev. Stat. § 148.290
Sale on credit
Nevada · Nevada Revised Statutes Chapter 148 — Sales, Conveyances and Exchanges · Status: effective
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- Citation
- Nev. Rev. Stat. § 148.290, Sale on credit, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2085049
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Full text
1. If a sale is made upon credit, the personal representative shall take the note or notes of the purchaser for the unpaid portion of the purchase money, with a mortgage on the property to secure their payment.
2. The mortgage may contain a provision for release of parts of the property if the court approves the provision.