NRS 108.2433
Discharge of notice of lien: Marginal entries

  • discharge or release must be recorded if notice of lien recorded by photographic process
  • presentation by lien claimant or lien claimant’s personal representative or assignee.

1.

Except as otherwise provided in subsection 2, a notice of lien upon the property provided for in NRS 108.221 to 108.246, inclusive, may be discharged by an entry on the margin of the record thereof, signed by the lien claimant or the lien claimant’s personal representative or assignee in the presence of the recorder or the recorder’s deputy, acknowledging the satisfaction of or value received for the notice of lien and the debt secured thereby. The recorder or the deputy shall subscribe the entry as witness. The entry has the same effect as a discharge or release of the notice of lien acknowledged and recorded as provided by law. The recorder shall properly index each marginal discharge.

2.

If the notice of lien has been recorded by a microfilm or other photographic process, a marginal release may not be used and an acknowledged discharge or release of the notice of lien must be recorded.

3.

If the recorder or the recorder’s deputy is presented with a certificate executed by the lien claimant or the lien claimant’s personal representative or assignee, specifying that the notice of lien has been paid or otherwise satisfied or discharged, the recorder or the deputy shall discharge the notice of lien upon the record.

Source: Section 108.2433 — Discharge of notice of lien: Marginal entries; discharge or release must be recorded if notice of lien recorded by photographic process; presentation by lien claimant or lien claimant’s personal representative or assignee., https://www.­leg.­state.­nv.­us/NRS/NRS-108.­html#NRS108Sec2433.

108.221
Definitions. 108.222
Lien on property, improvements and construction disbursement account 108.225
Priority of liens. 108.226
Perfection of lien: Time for recording notice of lien 108.227
Service of copy of notice of lien. 108.228
Notice of completion: Recording 108.229
Recording and service of amended notice of lien 108.231
Notice of lien against two or more separate buildings or mining claims: Designation of amount due on each 108.232
Notice of lien to be recorded 108.233
Duration of lien. 108.234
Recording of notice of nonresponsibility by disinterested owner 108.235
Amount recoverable by prime contractor 108.236
Court must declare rank of lien claimants or class of lien claimants 108.237
Award of lienable amount, cost of preparing and recording notice of lien, costs of proceedings and representation and other amounts to prevailing lien claimant 108.238
Right to maintain civil action or submit controversy to arbitration not impaired. 108.239
Action to enforce notice of lien: Complaint 108.243
Assignment of lien. 108.244
Limitation on filing complaint for foreclosure of notice of lien. 108.245
Notice of right to lien: Form 108.2212
“Contract” defined. 108.2214
“Lien claimant” defined. 108.2216
“Prime contract” defined. 108.2218
“Surety bond” defined. 108.2275
Frivolous or excessive notice of lien: Motion 108.2403
Lessee to record notice of posted security and either establish construction disbursement account or record surety bond before beginning work of improvement 108.2407
Lien claimant has lien upon funds in construction disbursement account 108.2413
Release of lien rights or notice of lien by posting surety bond. 108.2415
Form of surety bond posted to release lien 108.2421
Action against principal and surety on surety bond and debtor: Action before or after surety bond is recorded 108.2423
Enforcement of liability of principal and surety. 108.2425
Exception to sufficiency of surety or surety bond 108.2433
Discharge of notice of lien: Marginal entries 108.2437
Discharge of notice of lien: Recording by lien claimant 108.2457
Term of contract that attempts to waive or impair lien rights of contractor, subcontractor or supplier void 108.22104
“Agent of the owner” defined. 108.22108
“Building” defined. 108.22112
“Commencement of construction” defined. 108.22116
“Completion of the work of improvement” defined. 108.22118
“Construction control” defined. 108.22124
“Equipment” defined. 108.22128
“Improvement” defined. 108.22132
“Lien” defined. 108.22136
“Lienable amount” defined. 108.22144
“Material” defined. 108.22146
“Notice of lien” defined. 108.22148
“Owner” defined. 108.22156
“Prevailing lien claimant” defined. 108.22164
“Prime contractor” defined. 108.22168
“Principal” defined. 108.22172
“Property” defined. 108.22176
“Surety” defined. 108.22184
“Work” defined. 108.22188
“Work of improvement” defined.
Last Updated

Jun. 24, 2021

§ 108.2433’s source at nv​.us