Nevada Revised Statutes
Nev. Rev. Stat. § 97.304 (2026)
Enforceability of default on part of buyer
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NRS 97.304 Enforceability of default on part of buyer. Notwithstanding the provisions of any contract
to the contrary, default on the part of the buyer is only enforceable to the
extent that:
1. The buyer fails to make a payment as required by the agreement; or
2. The prospect of payment, performance or realization of collateral is significantly impaired. The burden of establishing the prospect of significant impairment is on the seller.
(Added to NRS by 2011, 1029)
REMEDIES, ENFORCEMENT AND PENALTIES
Notes of Decisions
Cited in 1
case, 2013–2013 · leading case: In re Henderson, 492 B.R. 537 (Bankr. D. Nev. 2013).
In re Henderson, 492 B.R. 537 (Bankr. D. Nev. 2013). “Nev.Rev.Stat. § 97.304 (2011) (emphasis added).”
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