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

NRS 107.420: “Foreclosure prevention alternative” defined.

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Where this section sits in the code
  1. TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
  2. CHAPTER 107 - DEEDS OF TRUST
  3. ADDITIONAL REQUIREMENTS FOR FORECLOSURE OF OWNER-OCCUPIED HOUSING SECURING RESIDENTIAL MORTGAGE LOAN

“Foreclosure prevention alternative” means a modification of a loan secured by the most senior residential mortgage loan on the property or any other loss mitigation option. The term includes, without limitation, a sale in lieu of a foreclosure sale.

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

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