Tag Archive: "Nevada"
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Nevada Adopts Provisions on Fiduciary Access to Digital Assets
Nevada has enacted provisions regarding its Revised Uniform Fiduciary Access to Digital Assets Act. These provisions are effective as of October 1, 2017.
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Nevada Modifies Notary Provisions
Nevada has updated several provisions regarding notaries to include reference to electronic notaries public. These provisions are effective as of July 1, 2017.
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Nevada Adopts Regulations Related to Mortgage Brokers, Mortgage Bankers, and Escrow Agents
Nevada recently adopted regulations R125-16, R126-16, and R070-16 related to mortgage brokers, mortgage bankers, and escrow agents.
The regulations are effective as of January 27, 2017.
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Nevada Adopts Mortgage Servicer Regulations
On January 6, 2016, Nevada has adopted license regulations for its mortgage servicers. These measures are in effect as of January 1, 2016. Who must obtain a license? The regulations require anyone who advertises, presents themselves or operates as a mortgage servicer to obtain a license issued according to NRS 645F and the Nevada Mortgage […]
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Nevada Adopts Provisions Regarding Foreclosure Mediation Program
By Zachary Pearlstein, J.D.The State of Nevada has recently updated various provisions regarding the foreclosure mediation program, including provisions that will abolish the program on June 30th, 2017. Nevada law has created a foreclosure mediation program, which states that unless waived, mediation must be conducted as a condition of a judicial foreclosure proceeding, or the […]
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Nevada Enacts Homeowner’s Bill of Rights
by Zachary Pearlstein, Esq.Nevada has modified several provisions regarding the foreclosure of owner occupied property, effective October 1, 2013. Under current law, the trustee of a deed of trust has the power to sell the attached property, subject to certain restrictions. Current law also allows judicial foreclosure to recover debt, or to enforce a right […]
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Nevada Revises Foreclosure Mediation Program and Enacts Real Property Laws
by: Zachary Pearlstein, Esq. Nevada Revises Provisions Regarding Foreclosure Mediation Program Nevada has revised provisions regarding its foreclosure mediation program, effective October 1, 2013. New regulations require a trustee to send information about the Foreclosure Mediation Program to the homeowner concurrently with, but separately from, the copy of the notice of default and election to […]
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Nevada Amends Various Provisions Regarding Mortgage Industry
by: Zachary Pearlstein, Esq.The state of Nevada has revised a variety of provisions related to mortgage lending and brokering, effective immediately.New definitions For the purposes of the statutory provisions governing the licensing and regulation of mortgage brokers and mortgage agents: – “Employee” means a natural person (1) whose manner and means of performance of work […]