NRS 681B.109
Valuation of purchase money mortgages.

Purchase money mortgages on real property referred to in subsection 1 of NRS 681B.108 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or 90 percent of the fair value of such real property, whichever is less.
PROVISIONS GOVERNING POLICIES AND CONTRACTS NOT SUBJECT TO PROVISIONS OF THE VALUATION MANUAL
Standard of Valuation

Source: Section 681B.109 — Valuation of purchase money mortgages., https://www.­leg.­state.­nv.­us/NRS/NRS-681B.­html#NRS681BSec109.

Last Updated

Feb. 5, 2021

§ 681B.109’s source at nv​.us