Nev. Rev. Stat. § 40.511

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 40.511 - Exceptions to applicability of NRS 40.507 and 40.508

NRS 40.507 and 40.508 do not apply if the real collateral is a unit put to residential use in a common-interest community or is real property upon which:

1. The owner maintains the owner's principal residence;

2. There is not more than one residential structure; and

3. Not more than four families reside.

NRS 40.511

Added to NRS by 1993, 155; A 1995, 510