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Current as of January 01, 2021 | Updated by FindLaw Staff
1. In the manner required by this chapter for the sale of like property, a guardian may sell:
(a) The equity of the estate in any real property that is subject to a mortgage or lien; and
(b) The property that is subject to the mortgage or lien.
2. If a claim has been filed upon the debt secured by the mortgage or lien, the court shall not confirm the sale unless the holder of the claim files a signed and acknowledged document which releases the estate from all liability upon the claim.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 159.138. Sale of equity of estate in real property of protected person that is subject to mortgage or lien and of property that is subject to mortgage or lien - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-13-guardianships-conservatorships-trusts/nv-rev-st-159-138/
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 or via Westlaw before relying on it for your legal needs.
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