Title 9

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 …

NRS 106A.070 “Mortgage modification” defined. “Mortgage modification” means modification of: 1. A mortgage; 2. An agreement that creates an obligation, including a promissory note, loan agreement or credit agreement; or 3. An agreement that creates other security or credit enhanc…

NRS 106A.080 “Obligation” defined. “Obligation” means a debt, duty or other liability, secured by a mortgage. (Added to NRS by 2025, 615)

NRS 106A.090 “Obligor” defined. “Obligor” means a person that: 1. Owes payment or performance of an obligation; 2. Signs a mortgage; or 3. Is otherwise accountable, or whose property serves as collateral, for payment or performance of an obligation. (Added to NRS by 2025, 615)

NRS 106A.100 “Person” defined. “Person” means an individual, estate, business or nonprofit entity, government or governmental subdivision, agency or instrumentality, or other legal entity. (Added to NRS by 2025, 615)

NRS 106A.110 “Recognized index” defined. “Recognized index” means an index to which changes in the interest rate may be linked that is: 1. Readily available to, and verifiable by, the obligor; and 2. Beyond the control of the person to whom the obligation is owed. (Added to NRS b…

NRS 106A.120 “Record” defined. “Record” means, when used as a noun, information: 1. Inscribed on a tangible medium; or 2. Stored in an electronic or other medium and retrievable in perceivable form. (Added to NRS by 2025, 615)

NRS 106A.130 “Sign” defined. “Sign” means, with present intent to authenticate or adopt a record: 1. Execute or adopt a tangible symbol; or 2. Attach to or logically associate with the record an electronic symbol, sound or process. (Added to NRS by 2025, 615)

NRS 106A.140 Applicability. 1. Except as provided in subsection 3, this chapter applies to a mortgage modification. 2. This chapter does not affect: (a) Law governing the required content of a mortgage; (b) A statute of limitations or other law governing the expiration or termina…

NRS 106A.150 Effect of mortgage modification. 1. For a mortgage modification described in subsection 2: (a) The mortgage continues to secure the obligation as modified; (b) The priority of the mortgage is not affected by the modification; (c) The mortgage retains its priority reg…

NRS 106A.160 Uniformity of application and construction. In applying and construing this uniform act, a court shall consider the promotion of uniformity of the law among jurisdictions that enact it. (Added to NRS by 2025, 617)

NRS 106A.170 Relation to Electronic Signatures in Global and National Commerce Act. This chapter modifies, limits or supersedes the Electronic Signatures in Global and National Commerce Act, 15 U.S.C. §§ 7001 et seq., but does not modify, limit or supersede section 101(c) of that…