159.138 - Sale of equity of estate in real property of ward that is subject to mortgage or lien and of property that is subject to mortgage or lien. - Nevada Statutes

159.138  Sale of equity of estate in real property of ward that is subject to mortgage or lien and of property that is subject to mortgage or lien.

      1.  In the manner required by this chapter for the sale of like property, a guardian may sell:

      (a) The equity of the estate in any real property that is subject to a mortgage or lien; and

      (b) The property that is subject to the mortgage or lien.

      2.  If a claim has been filed upon the debt secured by the mortgage or lien, the court shall not confirm the sale unless the holder of the claim files a signed and acknowledged document which releases the estate from all liability upon the claim.

      (Added to NRS by 2003, 1760)