Nevada § 107A.300 - Effect of enforcement
Full text of Nevada Nevada Revised Statutes § 107A.300 — Effect of enforcement, with citation guidance and answers to common questions.
§ 107A.300. Effect of enforcement
The enforcement of an assignment of rents by one or more of the methods identified
in NRS 107A.260 , 107A.270 and 107A.280 , the application of proceeds by the assignee under NRS 107A.310 after enforcement, the payment of expenses under NRS 107A.320 or an action under subsection 3 of NRS 107A.330 does not: 1. Make the assignee a mortgagee in possession of the real property; 2. Make the assignee an agent of the assignor; 3. Constitute an election of remedies that precludes a later action to enforce the
secured obligation; 4. Make the secured obligation unenforceable; 5. Limit any right available to the assignee with respect to the secured obligation;
or 6. Violate the provisions of NRS 40.430 .
Frequently Asked Questions About Nevada § 107A.300
What does Nevada Revised Statutes § 107A.300 cover?
Section 107A.300 ("Effect of enforcement") 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 § 107A.300?
A common citation format is "Nevada Revised Statutes § 107A.300" (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 § 107A.300 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.