Nevada Revised Statutes Section 148.290 - Wills and Estates of Deceased Persons

Sale on credit.

1. If a sale is made upon credit, the personal representative shall take the note or notes of the purchaser for the unpaid portion of the purchase money, with a mortgage on the property to secure their payment.

2. The mortgage may contain a provision for release of parts of the property if the court approves the provision.

Last modified: February 25, 2006