NRS 645B.01043
“Commercial mortgage loan” defined.

“Commercial mortgage loan” means a loan primarily for a business, commercial or agricultural purpose that:

1.

Directly or indirectly, is secured by a lien on commercial property; and

2.

Is created with the consent of the owner of the commercial property.

Source: Section 645B.01043 — “Commercial mortgage loan” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-645B.­html#NRS645BSec01043.

645B.010
Definitions. 645B.012
“Institutional investor” defined. 645B.0102
“Applicant” defined. 645B.0104
“Clerical or ministerial tasks” defined. 645B.0105
“Commissioner” defined. 645B.0107
“Construction control” defined. 645B.0109
“Depository financial institution” defined. 645B.0111
“Division” defined. 645B.0112
“Dwelling” defined. 645B.0113
“Escrow agency” defined. 645B.0115
“Escrow agent” defined. 645B.0117
“Escrow officer” defined. 645B.0119
“Financial services license or registration” defined. 645B.0121
“Investor” defined. 645B.0123
“Licensee” defined. 645B.0124
“Loan processor” defined. 645B.0125
“Mortgage loan originator” defined. 645B.0127
“Mortgage company” defined. 645B.0128
“Nationwide Mortgage Licensing System and Registry” and “Registry” defined. 645B.0129
“Policy of title insurance” defined. 645B.0131
“Relative” defined. 645B.0132
“Residential mortgage loan” defined. 645B.0133
“Title agent” defined. 645B.0135
“Title insurer” defined. 645B.0137
Requirements for initial licensing as mortgage company or mortgage loan originator 645B.0138
Courses of continuing education 645B.0145
Statutory and common-law rights, remedies and punishments unaffected 645B.0147
Fiduciary obligation of licensee to client. 645B.01043
“Commercial mortgage loan” defined. 645B.01047
“Commercial property” defined. 645B.01125
“Employee” defined. 645B.01245
“Majority of the investors” defined. 645B.01305
“Private investor” defined. 645B.01325
“Residential mortgage loan originator” defined. 645B.01356
“Wholesale lender” defined.
Last Updated

Jun. 24, 2021

§ 645B.01043’s source at nv​.us