Nevada § 107.040 - Adoption of covenants by reference in instrument
Full text of Nevada Nevada Revised Statutes § 107.040 — Adoption of covenants by reference in instrument, with citation guidance and answers to common questions.
§ 107.040. Adoption of covenants by reference in instrument
1. In order to adopt by reference any of the covenants, agreements, obligations, rights
and remedies in NRS 107.030 , it shall only be necessary to state in the deed of trust the following: “The following
covenants, Nos. __________, __________ and __________ (inserting the respective numbers) of NRS 107.030 are hereby adopted and made a part of this deed of trust.” 2. A deed of trust, in order to fix the amount of insurance to be carried, need not
reincorporate the provisions of Covenant No. 2 of NRS 107.030 , but may merely state the following: “Covenant No. 2,” and set out thereafter the
amount of insurance to be carried or, if no amount is set out, the amount must be
the full replacement value of the buildings and improvements which are now or shall
hereafter be erected upon the premises. 3. In order to fix the rate of interest under Covenant No. 4 of NRS 107.030 , it shall only be necessary to state in such deed of trust the following: “Covenant
No. 4,” and set out thereafter the rate of interest to be charged thereunder or, if
no rate of interest is set out, the rate of interest must be at the highest applicable
rate set forth in the note secured by such deed of trust. 4. In order to fix the amount or percent of counsel fees under Covenant No. 7 of NRS 107.030 , it shall only be necessary to state in such deed of trust, the following: “Covenant
No. 7,” and set out thereafter the percentage to be allowed or, if no percentage is
set out, the amount to be allowed must be reasonable counsel fees and costs actually
incurred.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 107.040
What does Nevada Revised Statutes § 107.040 cover?
Section 107.040 ("Adoption of covenants 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 § 107.040?
A common citation format is "Nevada Revised Statutes § 107.040" (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 § 107.040 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.