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2021 Nevada Revised Statutes
Chapter 319 - Assistance to Finance Housing
NRS 319.100 - "Mortgage" defined.
Universal Citation:
NV Rev Stat § 319.100 (2021)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
"Mortgage" means a mortgage deed, deed of trust or other instrument which constitutes a lien on real property in fee simple or on a leasehold under a lease whose remaining term, at the time such mortgage is acquired, does not expire for at least that number of years beyond the maturity date of the obligation secured by such mortgage as is established by the Division as necessary to protect its interest as mortgagee.
(Added to NRS by 1975, 627)
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