Nevada § 116B.400 - Effect of foreclosure or enforcement of lien or encumbrance
Full text of Nevada Nevada Revised Statutes § 116B.400 — Effect of foreclosure or enforcement of lien or encumbrance, with citation guidance and answers to common questions.
§ 116B.400. Effect of foreclosure or enforcement of lien or encumbrance
1. Except as otherwise provided in subsection 2, foreclosure or enforcement of a lien
or encumbrance against the entire condominium hotel does not terminate, of itself,
the condominium hotel, and foreclosure or enforcement of a lien or encumbrance against
a portion of the condominium hotel, other than withdrawable real estate, does not
withdraw that portion from the condominium hotel. Foreclosure or enforcement of a lien or encumbrance against withdrawable real estate
does not withdraw, of itself, that real estate from the condominium hotel, but the
person taking title thereto may require from the hotel unit owner, upon request, an
amendment excluding the real estate from the condominium hotel. 2. If a lien or encumbrance against a portion of the real estate comprising the condominium
hotel has priority over the declaration and the lien or encumbrance has not been partially
released, the parties foreclosing the lien or encumbrance, upon foreclosure, may record
an instrument excluding the real estate subject to that lien or encumbrance from the
condominium hotel.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 116B.400
What does Nevada Revised Statutes § 116B.400 cover?
Section 116B.400 ("Effect of foreclosure or enforcement of lien or encumbrance") 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 § 116B.400?
A common citation format is "Nevada Revised Statutes § 116B.400" (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 § 116B.400 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.