Exceptions to applicability of NRS 40.507 and 40.508 .

Nev. Rev. Stat. § 40.511
in effect
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NRS 40.507 and 40.508 do not apply if the real collateral is a unit put to residential use in a common-interest community or is real property upon which: 1. The owner maintains the owner’s principal residence; 2. There is not more than one residential structure; and 3. Not more than four families reside.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-040.htmlFetched: 10/4/2026

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