Document Type

Case Summary

Publication Date

4-7-2022

Case Synopsis

The specific question presented in this case is what effect a notice of rescission has on NRS 106.240’s ten-year time frame when it is recorded after a notice of default. A notice of rescission rescinds a previous notice of default. The notice of rescission effectively cancelled the acceleration triggered by the notice of default such that the ten-year time period is reset.

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