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Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 159.1475. Sale of real property made upon credit

Current as of January 01, 2025 | Updated by Findlaw Staff

1. If a sale of real property is made upon credit, the guardian shall take:

(a) The note or notes of the purchaser for the unpaid portion of the sale; and

(b) A mortgage on the property to secure the payment of the notes.

2. The mortgage may contain a provision for release of any part of the property if the court approves the provision.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 13. Guardianships; Conservatorships; Trusts § 159.1475. Sale of real property made upon credit - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-13-guardianships-conservatorships-trusts/nv-rev-st-159-1475/

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