Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE54 PROFESSIONS, OCCUPATIONS AND BUSINESSES |
CHAPTER645F. Mortgage Lending and Related Professions |
FORECLOSURE CONSULTANTS, FORECLOSURE PURCHASERS, LOAN MODIFICATION CONSULTANTS AND PERSONS PERFORMING COVERED SERVICES FOR COMPENSATION |
Unlawful Acts and Penalties |
NRS645F.430. Foreclosure purchasers: Criminal penalty for fraud or deceit against homeowner.
Latest version.
- A foreclosure purchaser who engages in any conduct that operates as a fraud or deceit upon a homeowner in connection with a transaction that is subject to the provisions of NRS 645F.300 to 645F.450, inclusive, including, without limitation, a foreclosure reconveyance, is guilty of a gross misdemeanor and shall be punished by imprisonment in the county jail for not more than 364 days, or by a fine of not more than $50,000, or by both fine and imprisonment.
(Added to NRS by 2007, 2857; A 2009, 1461; 2011, 1578; 2013, 992)