Valuation of purchase money mortgages.

Nev. Rev. Stat. § 681B.109
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Purchase money mortgages on real property referred to in subsection 1 of NRS 681B.108 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90 percent of the fair value of such real property, whichever is less.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-681B.htmlFetched: 10/4/2026

Starting a business in Nevada? Nevada LLC guide: costs and requirements