Commercial Foreclosures (Nonjudicial) (NV) | Practical Law

Commercial Foreclosures (Nonjudicial) (NV) | Practical Law

A Practice Note discussing foreclosure sale procedures under Nevada law relating to commercial real estate loans. This Note outlines the primary considerations, requirements, and processes for nonjudicial foreclosures of commercial real property secured by deeds of trust containing a power of sale in Nevada. This Note also addresses deficiency judgments in Nevada and redemption related issues.

Commercial Foreclosures (Nonjudicial) (NV)

Practical Law Practice Note w-010-7880 (Approx. 16 pages)

Commercial Foreclosures (Nonjudicial) (NV)

by Joel E. Tasca and Madeleine Coles, Ballard Spahr LLP, with Practical Law Real Estate
Law stated as of 06 Apr 2022Nevada
A Practice Note discussing foreclosure sale procedures under Nevada law relating to commercial real estate loans. This Note outlines the primary considerations, requirements, and processes for nonjudicial foreclosures of commercial real property secured by deeds of trust containing a power of sale in Nevada. This Note also addresses deficiency judgments in Nevada and redemption related issues.