Nevada Revised Statutes
Nev. Rev. Stat. § 159.1365 (2026)
Application of money from sale of real property of protected person that is subject to mortgage or other lien
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NRS 159.1365 Application of money from sale of real property of protected
person that is subject to mortgage or other lien. If
real property of the estate of a protected person is sold that is subject to a
mortgage or other lien which is a valid claim against the estate, the money
from the sale must be applied in the following order:
1. To pay the necessary expenses of the sale.
2. To satisfy the mortgage or other lien, including, without limitation, payment of interest and any other lawful costs and charges. If the mortgagee or other lienholder cannot be found, the money from the sale may be paid as ordered by the court and the mortgage or other lien shall be deemed to be satisfied.
3. To the estate of the protected person, unless the court orders otherwise.
(Added to NRS by 2003, 1760)
Notes of Decisions
Cited in 3
cases, 2016–2016 · leading case: In re Guardianship of Echevarria, 2016 NV 45 (Nev. 2016).
In re Guardianship of Echevarria, 2016 NV 45 (Nev. 2016). “: This opinion addresses whether NRS 159.1365 governs the distribution of funds in an operating account tied to real property.”
In re Guardianship & Est. of Echevarria, 2016 NV 45 (Nev. 2016). “: This opinion addresses whether NRS 159.1365 governs the distribution of funds in an operating account tied to real property.”
In re Guardianship of Echevarria, 2016 NV 45 (Nev. 2016). “: This opinion addresses whether NRS 159.1365 governs the distribution of funds in an operating account tied to real property.”
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