NRS 107A.140: “Rents” defined.
Where this section sits in the code
- TITLE 8 — COMMERCIAL INSTRUMENTS AND TRANSACTIONS
- CHAPTER 107A - ASSIGNMENT OF RENTS (UNIFORM ACT)
- GENERAL PROVISIONS
“Rents” means:
1. Sums payable for the right to possess or occupy, or for the actual possession or occupation of, real property of another person;
2. Sums payable to an assignor under a policy of rental interruption insurance covering real property;
3. Claims arising out of a default in the payment of sums payable for the right to possess or occupy real property of another person;
4. Sums payable to terminate an agreement to possess or occupy real property of another person;
5. Sums payable to an assignor for payment or reimbursement of expenses incurred in owning, operating and maintaining, or constructing or installing improvements on, real property; or
6. Any other sums payable under an agreement relating to the real property of another person that constitute rents under law of this State other than this chapter.
Collected 2026-09-03T05:51:31Z. Source file · JSON