Nevada § 163.360 - Foreclosure; bidding in property
Full text of Nevada Nevada Revised Statutes § 163.360 — Foreclosure; bidding in property, with citation guidance and answers to common questions.
§ 163.360. Foreclosure; bidding in property
A fiduciary may: 1. Foreclose, as an incident to the collection of any bond, note or other obligation,
any mortgage, deed of trust or other lien securing such bond, note or other obligation; 2. Bid in the property at such foreclosure sale, or acquire the property by deed from
the mortgagor or obligor without foreclosure; and 3. Retain the property so bid in or taken over without foreclosure.
Frequently Asked Questions About Nevada § 163.360
What does Nevada Revised Statutes § 163.360 cover?
Section 163.360 ("Foreclosure; bidding in property") 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 § 163.360?
A common citation format is "Nevada Revised Statutes § 163.360" (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 § 163.360 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.