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2020 Nevada Revised Statutes
Chapter 40 - Actions and Proceedings in Particular Cases Concerning Property
NRS 40.511 - Exceptions to applicability of NRS 40.507 and 40.508.
Universal Citation: NV Rev Stat § 40.511 (2020)
NRS 40.507 and 40.508 do not apply if the real collateral is a unit put to residential use in a common-interest community or is real property upon which:
1. The owner maintains the owner’s principal residence;
2. There is not more than one residential structure; and
3. Not more than four families reside.
(Added to NRS by 1993, 155; A 1995, 510)
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