Nev. Rev. Stat. § 315.99818

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 315.99818 - "Mortgage" defined

"Mortgage" means a mortgage deed, deed of trust or other instrument which constitutes a lien on real property in fee simple or on a leasehold under a lease whose remaining term, at the time such mortgage is acquired, does not expire for at least that number of years beyond the maturity date of the obligation secured by such mortgage as is established by the Authority as necessary to protect its interest as mortgagee.

NRS 315.99818

Added to NRS by 2005, 211
Added to NRS by 2005, 211