NRS 148.150 Right of holder of lien on property to purchase it; receipt as payment pro tanto.
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/nv/chapter-148-sales-conveyances-and-exchanges/148-150·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 148.150 Right of holder of lien on property to purchase it; receipt as payment pro tanto. At a sale of real or personal property upon which there is a mortgage or lien, the holder thereof may become the purchaser, and the receipt for the amount due to the holder from the proceeds of the sale is a payment pro tanto.