As used in NRS 40.475, 40.485 and 40.495, “indebtedness” means the principal balance of the obligation, together with all accrued and unpaid interest, and those costs, fees, advances and other amounts secured by the mortgage or lien upon real property.
NRS 40.465
“Indebtedness” defined
Applied in 1 court decision — leading case Sandpointe Apartments, LLC v. Eighth Judicial District Court of the State of Nevada ex rel. County of Clark (2013)
Most recently applied in Sandpointe Apartments, LLC v. Eighth Judicial District Court of the State of Nevada ex rel. County of Clark (November 2013)
(Added to NRS by 1987, 1643; A 1989, 1001)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.