Nevada § 148.140 - Disposition of proceeds of sale

§ 148.140. Disposition of proceeds of sale

The purchase money, or so much thereof as is sufficient to pay the mortgage or other

lien, with interest, and any lawful costs and charges thereon, may be paid to the

clerk if the mortgagee or other lienholder cannot be found, whereupon the mortgage

or other lien upon the property ceases, and the purchase money must be paid over by

the clerk without delay, in payment of the expenses of sale, and in satisfaction of

the obligation secured by the mortgage or other lien, and the surplus, if any, at

once returned to the personal representative unless, for good cause shown, after notice

to the personal representative, the court otherwise directs.