Nevada § 106.040 - Adoption by reference in instrument
Full text of Nevada Nevada Revised Statutes § 106.040 — Adoption by reference in instrument, with citation guidance and answers to common questions.
§ 106.040. Adoption by reference in instrument
1. In order to adopt by reference any of the covenants, agreements, obligations, rights
and remedies in NRS 106.020 or 106.025 , it shall only be necessary to state in the mortgage whichever of the following is
appropriate: (a) “The following covenants, Nos. _____, _____ and _____ (inserting the respective numbers) of NRS 106.020 , are hereby adopted and made a part of this mortgage.” (b) “The following covenants, Nos. _____, _____ and _____ (inserting the respective numbers) of NRS 106.025 , are hereby adopted and made a part of this mortgage.” 2. In order to fix the amount of counsel fees under Covenant No. 2 of NRS 106.020 or 106.025 , it shall only be necessary to state in the mortgage: “Covenant No. 2,” and set out
thereafter the percentage to be allowed. 3. In order to fix the rate of interest under Covenant No. 3 of NRS 106.020 or 106.025 , it shall only be necessary to state in the mortgage: “Covenant No. 3,” and set out
thereafter the rate of interest to be charged thereunder. 4. A mortgage, in order to fix the amount of insurance to be carried, need not reincorporate
the provisions of Covenant No. 7 of NRS 106.020 or 106.025 , but may merely state the following: “Covenant No. 7,” and set out thereafter the
amount of insurance to be carried.
Frequently Asked Questions About Nevada § 106.040
What does Nevada Revised Statutes § 106.040 cover?
Section 106.040 ("Adoption by reference in instrument") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 106.040?
A common citation format is "Nevada Revised Statutes § 106.040" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 106.040 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.