NRS 40.511 - Exceptions to applicability of NRS 40.507 and 40.508.

NV Rev Stat § 40.511 (2019) (N/A)
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NRS 40.507 and 40.508 do not apply if the real collateral is a unit put to residential use in a common-interest community or is real property upon which:

1. The owner maintains the owner’s principal residence;

2. There is not more than one residential structure; and

3. Not more than four families reside.

(Added to NRS by 1993, 155; A 1995, 510)