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Foreclosure & Alternatives Law

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Does Nevada Law Allow for a Redemption Period After a Foreclosure?

Nevada law allows for both judicial and non judicial foreclosures. If a lender pursues a foreclosure through the judicial system then the owner has a 1 year right of redemption following the foreclosure sale. However, if the foreclosure is a non judicial foreclosure then there is no right of redemption for the borrower.
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