Nev. Rev. Stat. § 107A.300
This is the official text of Nev. Rev. Stat. § 107A.300, part of Nevada’s Rev. Stat — part of the compiled statutory law of Nevada, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Effect of enforcement
Official statutory text
The enforcement of an assignment of rents by one or more of the methods identified in NRS 107A.260 , 107A.270 and 107A.280 , the application of proceeds by the assignee under NRS 107A.310 after enforcement, the payment of expenses under NRS 107A.320 or an action under subsection 3 of NRS 107A.330 does not:
1. Make the assignee a mortgagee in possession of the real property;
2. Make the assignee an agent of the assignor;
3. Constitute an election of remedies that precludes a later action to enforce the secured obligation;
4. Make the secured obligation unenforceable;
5. Limit any right available to the assignee with respect to the secured obligation; or
6. Violate the provisions of NRS 40.430 .
1. Make the assignee a mortgagee in possession of the real property;
2. Make the assignee an agent of the assignor;
3. Constitute an election of remedies that precludes a later action to enforce the secured obligation;
4. Make the secured obligation unenforceable;
5. Limit any right available to the assignee with respect to the secured obligation; or
6. Violate the provisions of NRS 40.430 .
Status: in_force · Read it on the official government site
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