Right of holder of lien on property to purchase it; receipt as payment pro tanto.

Nev. Rev. Stat. § 148.150
in effect
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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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-148.htmlFetched: 10/4/2026

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