Nevada Statutes
§ 40.511 — Exceptions to applicability of NRS 40.507 and 40.508
Nevada·Title 3 REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS·Ch. 40 Actions· ENVIRONMENTAL IMPAIRMENT OF REAL COLLATERAL OF SECURED
LENDER
NRS 40.507 and 40.508 do not apply if the real collateral is a unit put to residential use in a common-interest community or is real property upon which:
1.The owner maintains the owner’s principal residence;
2.There is not more than one residential structure; and
3.Not more than four families reside.
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Related
§ 40.507
Nevada § 40.507
Legislative History
(Added to NRS by 1993, 155 ; A 1995, 510 )
Nearby Sections
15
§ 40.001
Definitions§ 40.002
“Federal worker” defined§ 40.0025
“Household member” defined§ 40.003
“Qualified Indian tribe” defined§ 40.0035
“Shutdown” defined§ 40.004
“State worker” defined§ 40.0045
“Tribal worker” defined§ 40.050
Mortgage not deemed conveyance