NRS
111.180 Bona fide purchaser: Conveyance not deemed fraudulent in favor
of bona fide purchaser unless subsequent purchaser had actual knowledge,
constructive notice or reasonable cause to know of fraud.
1. Any purchaser who purchases an estate
or interest in any real property in good faith and for valuable consideration
and who does not have actual knowledge, constructive notice of, or reasonable
cause to know that there exists a defect in, or adverse rights, title or
interest to, the real property is a bona fide purchaser.
2. No conveyance of an estate or interest
in real property, or charge upon real property, shall be deemed fraudulent in
favor of a bona fide purchaser unless it appears that the subsequent purchaser
in such conveyance, or person to be benefited by such charge, had actual
knowledge, constructive notice or reasonable cause to know of the fraud
intended.
[51:9:1861; B § 279; BH § 2620; C § 2690; RL § 1065;
NCL § 1523]—(NRS R 1959,
418; reenacted 1960,
324; A 2013,
2173)
Notes of Decisions
Nationstar Mortg., LLC v. Maplewood Springs Homeowners Ass'n, 238 F. Supp. 3d 1257 (D. Nev. 2017).
· cites it 2× “Nev. Rev. Stat. § 111.180 (1). “In other words, a later-obtained interest can prevail over an earlier-obtained interest where the later purchaser has no knowledge of the previous interest and records his interest first.”
Abet Just. LLC v. First Am. Tr. Servicing Solutions, LLC, 237 F. Supp. 3d 1059 (D. Nev. 2017).
· cites it 2× “Nev. Rev. Stat. § 111.180 (1). In other words, a later-obtained interest can prevail over an earlier-obtained interest where the later purchaser has no knowledge of the previous interest and records his/her interest first.”
Green Tree Servicing LLC v. SFR Investments Pool 1, LLC, 237 F. Supp. 3d 1068 (D. Nev. 2017).
· cites it 2× “Nev. Rev. Stat. § 111.180 (1). In other words, a later-obtained interest can prevail over an earlier-obtained interest where the later purchaser has no knowledge of the previous interest and records his/her interest first.”
fhlmc/freddie Mac v. T-Shack, Inc. (9th Cir. 2020).
“See Nev. Rev. Stat. §§ 111.180 , 111.325. T-Shack’s argument is based upon the flawed premise that Freddie Mac’s interest was unrecorded.”
fnma/fannie Mae v. Bfp Investments 4 LLC (9th Cir. 2020).
“See Nev. Rev. Stat. §§ 111.180 , 111.325. BFP had notice of an adverse interest in the property because the deed of trust was recorded in the name of Fannie Mae’s agent—its former servicer—at the time of the foreclosure sale.”
Annotations are extracted automatically from the opinions in the
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treatment. Dots show Syfertize treatment of the citing case itself.