NRS159.138. Sale of equity of estate in real property of ward that is subject to mortgage or lien and of property that is subject to mortgage or lien.  


Latest version.
  •       1.  In the manner required by this chapter for the sale of like property, a guardian may sell:

          (a) The equity of the estate in any real property that is subject to a mortgage or lien; and

          (b) The property that is subject to the mortgage or lien.

          2.  If a claim has been filed upon the debt secured by the mortgage or lien, the court shall not confirm the sale unless the holder of the claim files a signed and acknowledged document which releases the estate from all liability upon the claim.

      (Added to NRS by 2003, 1760)