InfoBytes Blog
Financial Services Law Insights and Observations
Nevada imposes moratorium on foreclosures and evictions
On March 29, the governor of Nevada issued an emergency directive suspending evictions and foreclosures based on mortgagee or tenant default on both residential and commercial real estate. The suspension took effect on March 29, and lasts until Nevada terminates its Covid-19-related state of emergency. The declaration contains exceptions for cases of criminal activity and property damage, among other things.