Nev. Rev. Stat. § 159.1475
Sale of real property made upon credit
Nevada · Nevada Revised Statutes Chapter 159 — Guardianship of Adults · Status: effective
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- Citation
- Nev. Rev. Stat. § 159.1475, Sale of real property made upon credit, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2085647
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Full text
1. If a sale of real property is made upon credit, the guardian shall take:
(a) The note or notes of the purchaser for the unpaid portion of the sale; and
(b) A mortgage on the property to secure the payment of the notes.
2. The mortgage may contain a provision for release of any part of the property if the court approves the provision.