Home/Nevada/Statutes/Title 9: SECURITY INSTRUMENTS OF PUBLIC UTILITIES; MORTGAGES;/Ch. 107: Deeds/: GENERAL PROVISIONS/§ 107.025
Nevada Statutes

§ 107.025 — Estate for years: Encumbrance by deed of trust; foreclosure by exercise of power of sale

Nevada·Title 9 SECURITY INSTRUMENTS OF PUBLIC UTILITIES; MORTGAGES;·Ch. 107 Deeds· GENERAL PROVISIONS
A deed of trust may encumber an estate for years however created, including a proprietary lease in a cooperative, unless prohibited by the instrument creating the estate, and foreclosure may be had by the exercise of a power of sale in accordance with the provisions of this chapter.

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Nevada § 107.025 (Estate for years: Encumbrance by deed of trust; foreclosure by exercise of power of sale) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(Added to NRS by 1967, 954 ; A 1979, 708 ; 1989, 506 ; 2019, 1344 )

Nearby Sections

15
§ 107.015
Definitions
§ 107.020
Transfers in trust of real property to secure obligations
§ 107.025
Estate for years: Encumbrance by deed of trust; foreclosure by exercise of power of sale
§ 107.026
Priority of certain deeds of trust over other liens
§ 107.027
Lease of unit of cooperative: Ownership interest and votes in cooperative association appurtenant to proprietary lease; encumbrances
§ 107.028
Trustees: Qualifications; limitations on powers; appointment of new trustee; duties; immunity from liability for certain good faith errors; damages in certain civil actions
§ 107.029
Trustees: Declaration of nonmonetary status; objection to declaration
§ 107.030
Adoption of covenants by reference
§ 107.040
Adoption of covenants by reference in instrument
§ 107.050
Parties may enter into different or additional covenants
§ 107.055
Amount must be stated in instrument
§ 107.070
Recording of assignments of beneficial interests and instruments subordinating or waiving priority of deeds of trust
§ 107.071
Request by grantor of deed of trust for certified copy of note, deed of trust and assignments
§ 107.073
Marginal entries; reconveyance must be recorded if deed of trust recorded by photographic process; presentation of certificate executed by trustee or trustee’s personal representative or assignee
§ 107.077
Delivery of documents by beneficiary to trustee; recording by trustee; liability for failure to deliver or record documents; requirements for release of deed of trust when reconveyance not recorded; liability for improperly recording deed of trust; criminal penalty
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