“Mortgage” defined.

NRS 106A.060 “Mortgage” defined. 1. “Mortgage” means an agreement that creates a consensual interest in real property to secure payment or performance of an obligation, regardless of: (a) How the agreement is denominated, including a mortgage, deed of trust, trust deed, security deed, indenture and deed to secure debt; and (b) Whether the agreement also creates a security interest in personal property; and 2. The term does not include an agreement that creates a consensual interest to secure a liability owed by a unit owner to a condominium association, owners’ association or cooperative housing association for association dues, fees or assessments. (Added to NRS by 2025, 615)