Nevada Revised Statutes > Chapter 40 > Debt Secured by Mortgage or Other Lien > Maintenance of Property Acquired at Foreclosure Sale
Current as of: 2022 | Check for updates
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| § 40.464 | Duty to maintain vacant residential property acquired at foreclosure sale; notice of violation; proceedings for enforcement; civil penalties |
Terms Used In Nevada Revised Statutes > Chapter 40 > Debt Secured by Mortgage or Other Lien > Maintenance of Property Acquired at Foreclosure Sale
- Allegation: something that someone says happened.
- county: includes Carson City. See Nevada Revised Statutes 0.033
- Dependent: A person dependent for support upon another.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lien: A claim against real or personal property in satisfaction of a debt.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039