Nevada § 645B.305 Requirement that loan include disclosure concerning fees

Nevada Statutes

§ 645B.305 — Requirement that loan include disclosure concerning fees

Nevada § 645B.305

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645BMortgage

CONDITIONS AND LIMITATIONS ON CERTAIN MORTGAGE TRANSACTIONS

This text of Nevada § 645B.305 (Requirement that loan include disclosure concerning fees) 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. § 645B.305 (2026).

Text

A mortgage company shall ensure that each loan secured by a lien on real property for which he or she engages in activity as a mortgage company includes a disclosure:

1.Describing, in a specific dollar amount, all fees earned by the mortgage company;

2.Explaining which party is responsible for the payment of the fees described in subsection 1; and

3.Explaining the probable impact the fees described in subsection 1 may have on the terms of the loan, including, without limitation, the interest rates.

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A mortgage company shall ensure that each loan secured by a lien on real property for which he or she engages in activity as a mortgage company includes a disclosure:
1. Describing, in a specific dollar amount, all fees earned by the mortgage company;
2. Explaining which party is responsible for the payment of the fees described in subsection 1; and
3. Explaining the probable impact the fees described in subsection 1 may have on the terms of the loan, including, without limitation, the interest rates.