Nevada Revised Statutes
Chapter 106 - Real Mortgages
NRS 106.370 - Priority of lien.


1. The priority of a lien for future advances dates from the time that the instrument is recorded in the office of the county recorder of the county in which the property is located, whether or not the:
(a) Future advances are obligatory or at the option of the lender; or
(b) Lender has notice of an intervening lien.
2. If an amendment to an instrument is recorded which increases the maximum amount of indebtedness secured by the instrument, the priority of any lien for future advances of principal thereafter which exceed the maximum amount of principal of the original indebtedness dates from the time the amendment is recorded in the office of the county recorder of the county in which the property is located.
(Added to NRS by 1985, 725; A 1989, 493)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 106 - Real Mortgages

NRS 106.020 - Adoption by reference before March 1, 1967.

NRS 106.025 - Adoption by reference on and after March 1, 1967.

NRS 106.030 - Mortgage secures performance of covenants adopted by reference.

NRS 106.040 - Adoption by reference in instrument.

NRS 106.050 - Parties may enter into different or additional covenants.

NRS 106.195 - Mortgage of estate for years.

NRS 106.200 - Effect of recorded mortgage upon possessory claims to public lands or mining claims.

NRS 106.210 - Recording of assignments of mortgages or beneficial interests in deeds of trust; constructive notice; effect of unrecorded assignments. [Effective through December 31, 2021.] Recording of assignments of mortgages or beneficial interests...

NRS 106.220 - Filing and recording of instruments subordinating or waiving priority of mortgages or deeds of trust; constructive notice; effect of unrecorded instruments. [Effective through December 31, 2021.] Filing and recording of instruments subo...

NRS 106.240 - Extinguishment of lien created by mortgage or deed of trust upon real property.

NRS 106.260 - Discharge and assignment: Marginal entries; discharge or release must be recorded when mortgage or lien recorded by microfilm.

NRS 106.270 - Discharge of mortgages on filing of certificates specifying satisfaction or payment.

NRS 106.280 - Certificates of discharge: Recording.

NRS 106.290 - Recording of discharge of mortgage by mortgagee; liability for failure to record discharge; requirements for release of mortgage when discharge not recorded; liability for improperly recording release; criminal penalty.

NRS 106.295 - Request by mortgagor for certified copy of note, mortgage and assignments.

NRS 106.300 - Definitions.

NRS 106.310 - "Borrower" defined.

NRS 106.320 - "Future advance" defined.

NRS 106.330 - "Instrument" defined.

NRS 106.340 - "Lender" defined.

NRS 106.345 - "Principal" defined.

NRS 106.350 - Applicability.

NRS 106.360 - Execution, enforceability, contents and amendment of instrument.

NRS 106.370 - Priority of lien.

NRS 106.380 - Notice of election to terminate operation of instrument; recording of statement by lender or borrower; change of notice address by lender.

NRS 106.390 - Effect of notice of termination.

NRS 106.400 - Advances made after notice of termination.

NRS 106.500 - Borrower’s instruction to suspend and close equity line of credit: Form; effect.