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Updated over 4 years ago on . Most recent reply

User Stats

145
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71
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Terrence Evans
  • Investor
  • Lomita, CA
71
Votes |
145
Posts

Statute of Limitations for a trust deed in Nevada

Terrence Evans
  • Investor
  • Lomita, CA
Posted

Doing some early DD for a 2nd NPN in NV. On the tape it has a Paid Thru Date of Feb 2007. And a next Due the following month.

Based on some google searches it appears that this has gone way past the SOL for a promissory note.

Any lawyers out there who practice in NV confirm this?  What I don't know yet is if the lienholder has ever tried to FC on that note.

Thanks..

Most Popular Reply

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Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
776
Votes |
1,409
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Ellis San Jose
  • Rental Property Investor
  • Westlake Village, CA
Replied

https://static1.squarespace.com/static/56b904024d088e1674407dab/t/5ad1212c2b6a28134f80682e/1523654956873/April+2018.pdf

Good reading for Nevada Trust Deed Law

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