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NEVADA STATUTES AND CODES

40.440 - Disposition of surplus money.

40.440  Disposition of surplus money.  If there is surplus money remaining after payment of the amount due on the mortgage or other lien, with costs, the court may cause the same to be paid to the person entitled to it pursuant to NRS 40.462, and in the meantime may direct it to be deposited in court.

      [1911 CPA § 560; RL § 5502; NCL § 9049]—(NRS A 1989, 888, 1769)

      NRS 40.450  Proceedings when debt secured falls due at different times.  If the debt for which the mortgage or other lien on real property is held is not all due, as soon as a sufficient amount of the property has been sold to pay the amount due, with costs, the sale shall cease. Afterwards, as often as more becomes due for principal or interest, the court may, on motion, order more to be sold. However, if the property cannot be sold in portions without injury to the parties, the whole may be ordered to be sold in the first instance, and the entire debt and costs paid, with a rebate of interest where such a rebate is proper.

      [1911 CPA § 561; RL § 5503; NCL § 9050]—(NRS A 1989, 1769)

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