1. If a shutdown continues for a period of 30 days or more, the landlord may petition the court for relief from the requirements prescribed in subsection 4 of NRS 40.251 and subsection 2 of NRS 118A.310 on the basis that the requirements impose an undue hardship on the landlord. In determining whether to grant relief from these requirements, the court may consider, without limitation:
(a) The mortgage on the property and the risk of foreclosure; and
(b) Any additional financial responsibilities of the landlord, including, without limitation:
(1) Child support or alimony;
(2) Educational costs which must be paid by the landlord;
(3) Motor vehicle payments, student loans, medical bills and payment plans; and
(4) Any costs associated with the continued operation of a business of the landlord.
2. If the court grants relief pursuant to subsection 1:
(a) The parties may modify the terms of the rental agreement; or
(b) The landlord may terminate the rental agreement and commence eviction proceedings in accordance with the provisions of chapter 40 of NRS.