NRS107.140. Sale in lieu of foreclosure sale: Limitations.

Latest version.

1. No provision of the laws of this State may be construed to require a sale in lieu of a foreclosure sale to be an arm’s length transaction or to prohibit a sale in lieu of a foreclosure sale that is not an arm’s length transaction.

2. As used in this section, “sale in lieu of a foreclosure sale” has the meaning ascribed to it in NRS 40.4634.

(Added to NRS 2013, 2195)

                    
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