Nev. Rev. Stat. § 108.236
This is the official text of Nev. Rev. Stat. § 108.236, 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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Court must declare rank of lien claimants or class of lien claimants; application of proceeds
Official statutory text
1. In every case in which different liens are asserted against any property, the court, in the judgment, must declare the rank of each lien claimant or class of lien claimants in the following order: (a) First: All labor whether performed at the instance or direction of the owner, the subcontractor or the prime contractor. (b) Second: Material suppliers and lessors of equipment. (c) Third: All other lien claimants who have performed their work, in whole or in part, under contract with the prime contractor or any subcontractor. (d) Fourth: All other lien claimants.
2. The proceeds of the sale of the property must be applied to each lien claimant or class of lien claimants in the order of its rank.
2. The proceeds of the sale of the property must be applied to each lien claimant or class of lien claimants in the order of its rank.
Status: in_force · Read it on the official government site
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