Assembly Bill No. 140

This assembly bill makes various changes to provisions relating to foreclosures of real property. To see the full assembly bill click on the link: http://www.leg.state.nv.us/75th2009/Bills/AB/AB140.pdf
Posted By: Laura Gamino


A.B. 140
- *AB140*
ASSEMBLY BILL NO. 140–COMMITTEE ON COMMERCE AND LABOR
(ON BEHALF OF THE LEGISLATIVE COMMISSION’S SUBCOMMITTEE
TO STUDY MORTGAGE LENDING AND HOUSING ISSUES)
FEBRUARY 6, 2009
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AN ACT relating to real property; creating the Office of the Ombudsman for Foreclosures; revising provisions relating to a notice of sale of real property under execution; establishing the crime of defacing a notice of sale of real property under execution or a notice of sale of real property pursuant to a trustee’s power of sale; establishing rights and duties of a purchaser of real property pursuant to a foreclosure sale and establishing rights and duties of a tenant in possession of such property; revising provisions relating to a sale of real property pursuant to a trustee’s power of sale; requiring a landlord to make certain disclosures to a prospective tenant; and providing other matters properly relating thereto.