NRS 148.290 Sale on credit.
63 words·~1 min read·
/nv/chapter-148-sales-conveyances-and-exchanges/148-290·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 148.290 Sale on credit.
1. If a sale is made upon credit, the personal representative shall take the note or notes of the purchaser for the unpaid portion of the purchase money, with a mortgage on the property to secure their payment.
2. The mortgage may contain a provision for release of parts of the property if the court approves the provision.