Nevada § 645B.351 Mortgage company prohibited from including in loan document provision which requires participation in binding arbitration in event of dispute

Nevada Statutes

§ 645B.351 — Mortgage company prohibited from including in loan document provision which requires participation in binding arbitration in event of dispute

Nevada § 645B.351

Title 54PROFESSIONS, OCCUPATIONS AND BUSINESSES

Ch. 645BMortgage

CONDITIONS AND LIMITATIONS ON CERTAIN MORTGAGE TRANSACTIONS

This text of Nevada § 645B.351 (Mortgage company prohibited from including in loan document provision which requires participation in binding arbitration in event of dispute) 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.351 (2026).

Text

1.A mortgage company who makes or arranges a loan shall not include in any loan document a provision which requires a private investor to participate in binding arbitration of disputes relating to the loan.

2.The provisions of this section may not be varied by agreement, and the rights conferred by this section may not be waived. Any provision included in a loan document agreement that conflicts with this section is void.

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1. A mortgage company who makes or arranges a loan shall not include in any loan document a provision which requires a private investor to participate in binding arbitration of disputes relating to the loan.
2. The provisions of this section may not be varied by agreement, and the rights conferred by this section may not be waived. Any provision included in a loan document agreement that conflicts with this section is void.