NEVADA FORECLOSURE LAWS

Nevada

ATTORNEY GENERAL’S OFFICE

Nevada Department of Justice
Carson City Office
100 North Carson Street
Carson City, Nevada 89701-4717
Tel: (775) 684-1100
Fax: (775) 684-1108
http://ag.state.nv.us/

Type of Document: Trust Deed

TYPES OF FORECLOSURE:

Non judicial foreclosure is most common when the loan document has the power of sale clause.

Judicial foreclosure is available for the lender should they seek a deficiency judgment or the loan document is missing the power of sale clause.

Deficiency: Deficiency judgments are possible only when the lender used judicial foreclosure.

Redemption: No redemption on a non judicial foreclosure; one year on judicial.

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