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Nevada · Through 2025 session (NRS as revised 2026-08-25) · Newer source version available

NRS 106A.050: “Modification” defined.

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Where this section sits in the code
  1. TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
  2. CHAPTER 106A - MORTGAGE MODIFICATIONS (UNIFORM ACT)

“Modification” includes change, amendment, revision, correction, addition, supplementation, elimination, waiver and restatement.

1. “Mortgage” means an agreement that creates a consensual interest in real property to secure payment or performance of an obligation, regardless of:

(a) How the agreement is denominated, including a mortgage, deed of trust, trust deed, security deed, indenture and deed to secure debt; and

(b) Whether the agreement also creates a security interest in personal property; and

2. The term does not include an agreement that creates a consensual interest to secure a liability owed by a unit owner to a condominium association, owners’ association or cooperative housing association for association dues, fees or assessments.

Collected 2026-09-03T05:51:31Z. Source file · JSON

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