Nev. Admin. Code § 319.567 - "Second deed of trust" defined

"Second deed of trust" means an instrument, including, without limitation, a deed of trust, mortgage deed or other mortgage, that secures a deferred mortgage loan and a deferred loan agreement and creates a second lien, which is junior to a first lien, on a fee interest in real property located within this State.

Notes

Nev. Admin. Code § 319.567
Added to NAC by Housing Div. by R136-03, eff. 11-26-2003

NRS 319.140, 319.145, 319.210

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