NRS 107.470
Right of borrower to pursue more than one foreclosure prevention alternative.

The provisions of NRS 107.400 to 107.560, inclusive, must not be construed to authorize a mortgage servicer, a mortgagee or a beneficiary of a deed of trust to restrict a borrower from pursuing concurrently more than one foreclosure prevention alternative.

Source: Section 107.470 — Right of borrower to pursue more than one foreclosure prevention alternative., https://www.leg.state.nv.us/NRS/NRS-107.html#NRS107Sec470.

107.400
Definitions. 107.410
“Borrower” defined. 107.420
“Foreclosure prevention alternative” defined. 107.430
“Foreclosure sale” defined. 107.440
“Mortgage servicer” defined. 107.450
“Residential mortgage loan” defined. 107.460
Applicability. 107.470
Right of borrower to pursue more than one foreclosure prevention alternative. 107.480
Restrictions on trustee’s power of sale and civil actions for foreclosure sales. 107.490
Duties of mortgage servicer. 107.500
Requirements before recording of notice of default and election to sell or commencing civil action for foreclosure sale: Notice 107.510
Recording of notice of default and election to sell or commencing civil action for foreclosure sale prohibited in certain circumstances 107.520
Application for foreclosure prevention alternative 107.530
Effect of submitting application for foreclosure prevention alternative 107.540
Single point of contact required to be established by mortgage servicer for foreclosure prevention alternative 107.550
Dismissal of civil action for foreclosure sale, rescission of notice of default and election to sell or notice of sale and cancellation of pending foreclosure sale required in certain circumstances 107.560
Injunctive relief for violation

Last Updated

Feb. 5, 2021

§ 107.470’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_107.470

Original Source: Section 107.470 — Right of borrower to pursue more than one foreclosure prevention alternative., https://www.leg.state.nv.us/NRS/NRS-107.html#NRS107Sec470 (last accessed Feb. 5, 2021).