Nevada · Through 2025 session (NRS as revised 2026-08-25)

NRS 645F.720: “Reverse mortgage” defined.

Where this section sits in the code

“Reverse mortgage” means a loan collateralized by real estate that:

1. Does not require contractual monthly payments; and

2. Is typically repaid upon the death of the borrower through the sale of the home or refinance by the heirs of the deceased borrower.

Collected 2026-09-03T05:51:45Z. Source file · JSON