§ 104.9601 Rights after default; judicial enforcement; effect on consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes
§ 104.9602 Waiver and variance of rights and duties of debtor and obligor
§ 104.9603 Agreement on standards concerning rights and duties of parties
§ 104.9604 Procedure if security agreement covers real property or fixtures
§ 104.9605 Duty to unknown debtor or secondary obligor
§ 104.9606 Time of default for agricultural lien
§ 104.9607 Collection and enforcement by secured party
§ 104.9608 Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
§ 104.9609 Secured party’s right to take possession or dispose of collateral after default
§ 104.9610 Disposition of collateral after default
§ 104.9611 Notification before disposition of collateral
§ 104.9612 Timeliness of notification before disposition of collateral
§ 104.9613 Contents and form of notification before disposition of collateral: General
§ 104.9614 Contents and form of notification before disposition of collateral: Consumer-goods transaction
§ 104.9615 Application of proceeds of disposition; liability for deficiency and right to surplus
§ 104.9616 Explanation of calculation of surplus or deficiency
§ 104.9617 Effect of disposition of collateral by secured party after default; rights of transferee regarding collateral
§ 104.9618 Rights and duties of certain secondary obligors
§ 104.9619 Transfer of record or legal title
§ 104.9620 Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
§ 104.9621 Notification of proposal to accept collateral in satisfaction of obligation
§ 104.9622 Effect of acceptance of collateral in satisfaction of obligation
§ 104.9623 Redemption of collateral
§ 104.9624 Waiver of right to notification of disposition of collateral; waiver of right to redeem collateral
§ 104.9625 Remedies for secured party’s failure to comply with article
§ 104.9626 Action in which deficiency or surplus is in issue
§ 104.9627 Determination of whether conduct was commercially reasonable
§ 104.9628 Nonliability and limitation on liability of secured party; liability of secondary obligor

Terms Used In Nevada Revised Statutes > Chapter 104 > Article 9 > Default

  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Contract: A legal written agreement that becomes binding when signed.
  • county: includes Carson City. See Nevada Revised Statutes 0.033
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deposition: An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, to obtain discovery, or to be used later in trial.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • mortgage: includes a deed of trust. See Nevada Revised Statutes 0.037
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • population: means the number of people in a specified area as determined by the last preceding national decennial census conducted by the Bureau of the Census of the United States Department of Commerce pursuant to Section 2 of Article I of the Constitution of the United States and reported by the Secretary of Commerce to the Governor pursuant to 13 U. See Nevada Revised Statutes 0.050
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute: A law passed by a legislature.
  • Subpoena: A command to a witness to appear and give testimony.
  • Testify: Answer questions in court.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.