New Nevada legislation to protect homeowners
Continuing update on new Nevada Legislation for homeowners. Did you know that banks, lenders, financial institutions and their employees cannot unreasonably delay a response to an offer for a sale in lieu of foreclosure sale on a residential property? A response that is not made within 90 days of the offer is presumptively unreasonable. Of […]
New Nevada Real Estate Laws Update
Black & LoBello has received numerous inquiries regarding the new real estate laws discussed in our previous blog post. We thank you for your patronage of our blog and for your interest in these exciting new protections for homeowners. Several inquiries have asked for clarification regarding the manner in which the new laws regarding holders […]
New Nevada Laws Relating to Homeowners
Nevada Assembly Bill 273 makes major improvements to Nevada law to protect homeowners by limiting the amount of money a bank can collect after a homeowner loses their home. The law also reduces the time a bank has to file a lawsuit against some homeowners. These protections will greatly improve a homeowner’s opportunity to start […]