There is a newer version of the Nevada Revised Statutes
2014 Nevada Revised Statutes
Chapter 148 - Sales, Conveyances and Exchanges
NRS 148.290 - Sale on credit.
NV Rev Stat § 148.290 (2014) What's This?
1. If a sale is made upon credit, the personal representative shall take the note or notes of the purchaser for the unpaid portion of the purchase money, with a mortgage on the property to secure their payment.
2. The mortgage may contain a provision for release of parts of the property if the court approves the provision.
[163:107:1941; 1931 NCL § 9882.163] (NRS A 1981, 554; 1999, 2321)
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