NRS
107.200 Contents of statement regarding debt secured by deed of trust. Except as otherwise provided in
NRS 107.230, the beneficiary of a deed of
trust secured on or after October 1, 1995, shall, within 21 days after
receiving a request from a person authorized to make such a request pursuant to
NRS 107.220, cause to be mailed, postage
prepaid, or sent by facsimile machine to that person a statement regarding the
debt secured by the deed of trust. The statement must include:
1. The amount of the unpaid balance of the
debt secured by the deed of trust, the rate of interest on the unpaid balance
and the total amount of principal and interest which is due and has not been
paid.
2. The amount of the periodic payments, if
any, required under the note.
3. The date the payment of the debt is
due.
4. The period for which real estate taxes
and special assessments have been paid, if that information is known to the
beneficiary.
5. The amount of property insurance
covering the real property and the term and premium of that insurance, if that
information is known to the beneficiary.
6. The amount in an account, if any,
maintained for the accumulation of money for the payment of taxes and insurance
premiums.
7. The amount of any additional charges,
costs or expenses paid or incurred by the beneficiary which is a lien on the
real property described in the deed of trust.
8. Whether the debt secured by the deed of
trust may be transferred to a person other than the grantor.
(Added to NRS by 1995,
1519)
Notes of Decisions
SFR Investments Pool 1, LLC v. Nationstar Mortg. LLC, No. 3:22-cv-00128 (D. Nev. Feb. 3, 2023).
· cites it 23× “2 SFR’s claim for violation of NRS § 107.200 is based on two distinct theories: (1) 3 that Nationstar did not provide it with all of the information required by NRS §§ 107.”
Valencia Mgmt. LLC Series 4 v. NewRez LLC, No. 2:22-cv-00345 (D. Nev. Oct. 14, 2022).
· cites it 21× “Finally, Valencia contends that its quiet title/declaratory relief claim is also based on 12 NewRez’s failure to comply with NRS § 107.200 et seq. 13 1. NRS § 106.240 14 NRS § 106.”
SFR Inv. Pool 1, LLC v. Fed. Nat'l Mortg. Ass'n, No. 2:22-cv-01942 (D. Nev. Jan. 22, 2024).
· cites it 20× “The Court DISMISSES the 18 NRS 107.200 et seq. claim against Fannie Mae with prejudice and dismisses the wrongful 19 foreclosure/declaratory judgment/quiet title claim with prejudice as to all Defendants.”
SFR Investments Pool 1, LLC v. Bank Of Am., N.A., No. 2:22-cv-01864 (D. Nev. Nov. 14, 2022).
· cites it 16× “In response, SFR alleges in its Complaint that it sent BANA a request for 15 statements pursuant to NRS §§ 107.200 and 107.210. (Compl. ¶¶ 10–11, Ex.”
SFR Investments Pool 1 LLC v. Nationstar Mortg. LLC, No. 2:22-cv-00531, 2022 WL 4237993 (D. Nev. Sept. 13, 2022).
· cites it 13× “In its motions for injunctive relief, 20 SFR contends that the foreclosure sale should be enjoined because without the information that 21 Nationstar is required to provide under NRS §§ 107.200 and 107.210, SFR cannot determine the 22 payoff amount needed to save the property…”
6344 Legend Falls Trust v. Nat'l Default Servicing Corp., No. 2:22-cv-01023 (D. Nev. Mar. 21, 2024).
· cites it 10× “240 claim should be dismissed for the reasons Defendants raised in their 4 Motion to Dismiss, and then determine whether the Court clearly erred by closing the case 5 without addressing Plaintiff’s alleged claim for a violation of NRS 107.200 et seq. 6 A. NRS 106.240 7 NRS 106.”
SFR Investments Pool 1, LLC v. Nationstar Mortg. LLC, dba Mr. Cooper, No. 2:22-cv-00179 (D. Nev. May 27, 2022).
· cites it 9× “SFR also contends that it 22 requested information about paying off the loan under NRS § 107.200 et seq., but the defendants 23 failed to provide all the required information and the information they provided had 1 discrepancies.”
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