Nevada Revised Statutes > Chapter 107 > Discharge
Current as of: 2022 | Check for updates
|
Other versions
Terms Used In Nevada Revised Statutes > Chapter 107 > Discharge
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Beneficiary: means the beneficiary of the deed of trust or the successor in interest of the beneficiary or any person designated or authorized to act on behalf of the beneficiary or its successor in interest. See Nevada Revised Statutes 107.015
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- 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.
- Grantor: The person who establishes a trust and places property into it.
- Lien: A claim against real or personal property in satisfaction of a debt.
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
- 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
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Statute: A law passed by a legislature.
- Surety: means a corporation authorized to transact surety business in this State pursuant to NRS 679A. See Nevada Revised Statutes 107.015
- Surety bond: means a bond issued by a surety for the reconveyance of a deed of trust pursuant to this section. See Nevada Revised Statutes 107.015
- Title insurer: has the meaning ascribed to it in NRS 692A. See Nevada Revised Statutes 107.015
- Trustee: A person or institution holding and administering property in trust.
- Trustee: means the trustee of record. See Nevada Revised Statutes 107.015
- Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.