Nevada Statutes

§ 107.420 — “Foreclosure prevention alternative” defined

Nevada § 107.420

JurisdictionNevada

Title 9SECURITY INSTRUMENTS OF PUBLIC UTILITIES; MORTGAGES;

Ch. 107Deeds

ADDITIONAL REQUIREMENTS FOR FORECLOSURE OF OWNER-OCCUPIED HOUSING SECURING RESIDENTIAL MORTGAGE LOAN

This text of Nevada § 107.420 (“Foreclosure prevention alternative” defined) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 107.420 (2026).

Text

“Foreclosure prevention alternative” means a modification of a loan secured by the most senior residential mortgage loan on the property or any other loss mitigation option. The term includes, without limitation, a sale in lieu of a foreclosure sale.

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Legislative History

(Added to NRS by 2013, 2185 ; A 2015, 3345 ; 2019, 1371 )

Nearby Sections

15

§ 107.015

§ 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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Bluebook (online)

Nevada § 107.420, Counsel Stack Legal Research, https://law.counselstack.com/statute/nv/107.420.