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Current as of January 01, 2025 | Updated by Findlaw Staff
1. After the conveyance of real property pursuant to an agreement for a deed in lieu of a foreclosure sale, the grantee shall, within 30 days after the date of the conveyance, record the conveyance by recording a deed in the office of the county recorder of the county in which the property is located.
2. If the grantee fails to record a deed pursuant to subsection 1, the grantee is liable in a civil action:
(a) To a grantor of the deed in lieu of foreclosure or any party that is a senior lienholder against the property that is the subject of the sale in a sum of up to $500 and for reasonable attorney's fees and the costs of bringing the action; and
(b) For any actual damages caused by the failure to comply with the provisions of subsection 1 and for reasonable attorney's fees and the costs of bringing the action.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 10. Property Rights and Transactions § 111.311. Conveyance of real property pursuant to agreement for deed in lieu of foreclosure must be recorded by deed; civil liability for failure to record deed - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-10-property-rights-and-transactions/nv-rev-st-111-311/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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