Document Type
Case Summary
Publication Date
12-24-2014
Case Synopsis
The Court determined that (1) the limitation in the second sentence of NRS 40.451 simply means a lender cannot recover in deficiency judgment actions for future advances secured but not paid at the time of default and (2) NRS 40.451 by itself does not contemplate successors in interest.
Recommended Citation
Phippen, Patrick, "Summary of First Financial Bank, N.A. v. Lane, 130 Nev. Adv. Op. 96" (2014). Nevada Supreme Court Summaries. 838.
https://scholars.law.unlv.edu/nvscs/838