Nevada Administrative Code
Chapter 319 - Assistance to Finance Housing
LOANS FOR MULTIPLE-UNIT HOUSING AND SITES FOR MOBILE HOMES
Section 319.723 - Assumption of loan
Universal Citation: NV Admin Code 319.723
Current through February 27, 2024
A loan from the Division is assumable if:
1. A loan balance assumption fee of up to 1 percent of the loan balance, as determined by the Division, is paid to the Division;
2. A processing fee, as established by the Division, is paid to the Division; and
3. The Division approves of the assumption.
Added to NAC by Housing Div. by R093-00, eff. 11-20-2000
NRS 319.140
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