NRS 116.31163

Foreclosure of liens: Mailing of notice of default and election to sell to certain interested persons

Known as the Uniform Common-Interest Ownership Act

The act spans §§ 116–116 (235 sections).

Applied in 13 court decisions — leading case Bourne Valley Court Trust v. Wells Fargo Bank, NA (2016)

Most recently applied in Saticoy Bay Llc Ser. 5733 Oasis Ridge Vs. Mariners Atl. Portfolio, Llc (June 2021)

(Added to NRS by 1993, 2355; A 2005, 2609; 2015, 1339, 1541)

How often courts cite this section

citing decisions per year

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.

The association or other person conducting the sale shall also mail, within 10 days after the notice of default and election to sell is recorded, a copy of the notice by certified mail to:

1. Each person who has requested notice pursuant to NRS 116.31168; and

2. Each holder of a recorded security interest encumbering the unit’s owner’s interest which was recorded before the recordation of the notice of default, at the address of the holder that is provided pursuant to NRS 657.110 on the Internet website maintained by the Division of Financial Institutions of the Department of Business and Industry.

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