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NRS 107A.040

“Assignment of rents” defined

Known as the Uniform Assignment of Rents Act

The act spans §§ 107–107 (37 sections).

(Added to NRS by 2007, 298)

“Assignment of rents” means a transfer of an interest in rents in connection with an obligation secured by real property located in this State and from which the rents arise.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.