NRS 159.1365
Application of money from sale of real property of protected person that is subject to mortgage or other lien.

If real property of the estate of a protected person is sold that is subject to a mortgage or other lien which is a valid claim against the estate, the money from the sale must be applied in the following order:

1.

To pay the necessary expenses of the sale.

2.

To satisfy the mortgage or other lien, including, without limitation, payment of interest and any other lawful costs and charges. If the mortgagee or other lienholder cannot be found, the money from the sale may be paid as ordered by the court and the mortgage or other lien shall be deemed to be satisfied.

3.

To the estate of the protected person, unless the court orders otherwise.

Source: Section 159.1365 — Application of money from sale of real property of protected person that is subject to mortgage or other lien., https://www.­leg.­state.­nv.­us/NRS/NRS-159.­html#NRS159Sec1365.

159.134
Selling real property of protected person. 159.136
Order requiring guardian to sell real property of estate. 159.138
Sale of equity of estate in real property of protected person that is subject to mortgage or lien and of property that is subject to mortgage or lien. 159.142
Sale of interest of protected person in real property owned jointly with one or more persons. 159.144
Sale of real property of guardianship estate: Requirements for establishing date 159.146
Hearing to confirm sale of real property: Considerations 159.148
Neglect or refusal of purchaser of real property to comply with terms of sale. 159.1365
Application of money from sale of real property of protected person that is subject to mortgage or other lien. 159.1375
Sale of real property of protected person to holder of mortgage or lien on such property. 159.1385
Contract for sale of real property of protected person authorized 159.1415
Presentation of offer to purchase real property to court for confirmation 159.1425
Notice of sale of real property of protected person: When required 159.1435
Public auction for sale of real property: Where held 159.1455
Confirmation by court of sale of real property of guardianship estate. 159.1465
Conveyance of real property of guardianship estate to purchaser upon confirmation of sale by court. 159.1475
Sale of real property made upon credit. 159.1495
Fraudulent sale of real property of protected person by guardian. 159.1505
Periods of limitation for actions to recover or set aside sale of real property.
Last Updated

Feb. 5, 2021

§ 159.1365’s source at nv​.us