NRS163.360. Foreclosure; bidding in property.

Latest version.

A fiduciary may:

      1. Foreclose, as an incident to the collection of any bond, note or other obligation, any mortgage, deed of trust or other lien securing such bond, note or other obligation;

      2. Bid in the property at such foreclosure sale, or acquire the property by deed from the mortgagor or obligor without foreclosure; and

      3. Retain the property so bid in or taken over without foreclosure.

(Added to NRS by 1969, 453)

                    
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