Nevada Revised Statutes 682A.139 – ‘Mortgage loan’ defined
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‘Mortgage loan’ means an obligation secured by a mortgage, deed of trust, trust deed or other consensual lien on real estate.
Terms Used In Nevada Revised Statutes 682A.139
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.