The lien heretofore or hereafter created of any mortgage or deed of trust upon any real property, appearing of record, and not otherwise satisfied and discharged of record, shall at the expiration of 10 years after the debt secured by the mortgage or deed of trust according to the terms thereof or any recorded written extension thereof become wholly due, terminate, and it shall be conclusively presumed that the debt has been regularly satisfied and the lien discharged.
NRS 106.240
Extinguishment of lien created by mortgage or deed of trust upon real property
Applied in 10 court decisions — leading case Pro-Max Corp. v. Feenstra (2001)
Most recently applied in 140 Nev. Adv. Op. No. 22 - Posner v. U.S. Bank Nat'l Ass'n (April 2024)
[2:37:1917; 1919 RL p. 3352; NCL § 9410]—(NRS A 1965, 1229)
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.