Current Nevada Law: Subject to Verification
This article discusses Nevada title, deed, foreclosure, property-tax and HOA law under current Nevada law as of the last reviewed date, and it is subject to change. Nevada deed-of-trust foreclosure procedures are governed primarily by NRS Chapter 107; Nevada common-interest-community (HOA) lien and foreclosure law is governed primarily by NRS Chapter 116. Statutes, deadlines, procedures and remedies change. Always verify current Nevada law and the specific facts of your situation with a qualified Nevada attorney and title professional before acting.
Common Seller Surprise
A seller says that a debt was included in their bankruptcy ten years ago. The title says the judgment lien still appears. Both statements can potentially coexist.
Why?
Debt liability and property lien rights are not always the same thing.
What to Gather
- Bankruptcy case number
- Discharge
- Schedules
- Court orders
- Judgment information
- Prior title documents
Who Resolves It?
Potentially the bankruptcy attorney, creditor, title company, or court.
Do Not Pay Without Analysis
An old lien may be valid, expired, avoided, or need a formal release. Determine which before paying.
