Nevada § 116B.775 - Release of liens
Full text of Nevada Nevada Revised Statutes § 116B.775 — Release of liens, with citation guidance and answers to common questions.
§ 116B.775. Release of liens
1. In the case of a sale of a unit where delivery of a public offering statement is
required pursuant to subsection 3 of NRS 116B.730 , a seller: (a) Before conveying a unit, shall record or furnish to the purchaser releases of
all liens, except liens on real estate that a declarant has the right to withdraw
from the condominium hotel, that the purchaser does not expressly agree to take subject
to or assume and that encumber that unit and its interest in the common elements;
or (b) Shall provide a surety bond against the lien as provided for liens on real estate
in NRS 108.2413 to 108.2425 , inclusive. 2. Before conveying real estate to the association, the declarant shall have that
real estate released from: (a) All liens the foreclosure of which would deprive units' owners of any right of
access to or easement of support of their units; and (b) All other liens on that real estate unless the public offering statement describes
certain real estate that may be conveyed subject to liens in specified amounts.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 116B.775
What does Nevada Revised Statutes § 116B.775 cover?
Section 116B.775 ("Release of liens") 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.775?
A common citation format is "Nevada Revised Statutes § 116B.775" (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.775 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.