reglab/housing_qa huggingface dataset:
NV Rev Stat § 104.9619 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9619 - Transfer of record or legal title.

  1. In this section, "transfer statement" means a record authenticated by a secured party stating:  (a) That the debtor has defaulted in connection with an obligation secured by specified collateral;  (b) That the secured party has exercised its postdefault remedies with respect to the collateral;  (c) That, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and  (d) The name and mailing address of the secured party, debtor and transferee.  2. A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration or certificate-of-title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall:  (a) Accept the transfer statement;  (b) Promptly amend its records to reflect the transfer; and  (c) If applicable, issue a new appropriate certificate of title in the name of the transferee.  3. A transfer of the record or legal title to collateral to a secured party under subsection 2 or otherwise is not of itself a disposition of collateral under this article and does not of itself relieve the secured party of its duties under this article.  (Added to NRS by 1999, 356)
NV Rev Stat § 104.9621 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9621 - Notification of proposal to accept collateral in satisfaction of obligation.

  1. A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to:  (a) Any person from which the secured party has received, before the debtor consented to the acceptance, an authenticated notification of a claim of an interest in the collateral;  (b) Any other secured party or lienholder that, 10 days before the debtor consented to the acceptance, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:  (1) Identified the collateral;  (2) Was indexed under the debtor’s name as of that date; and  (3) Was filed in the office or offices in which to file a financing statement against the debtor covering the collateral as of that date; and  (c) Any other secured party that, 10 days before the debtor consented to the acceptance, held a security interest in the collateral perfected by compliance with a statute, regulation or treaty described in subsection 1 of NRS 104.9311.  2. A secured party that desires to accept collateral in partial satisfaction of the obligation it secures shall send its proposal to any secondary obligor in addition to the persons described in subsection 1.  (Added to NRS by 1999, 358)
NV Rev Stat § 104.9622 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9622 - Effect of acceptance of collateral in satisfaction of obligation.

  1. A secured party’s acceptance of collateral in full or partial satisfaction of the obligation it secures:  (a) Discharges the obligation to the extent consented to by the debtor;  (b) Transfers to the secured party all of a debtor’s rights in the collateral;  (c) Discharges the security interest or agricultural lien that is the subject of the debtor’s consent and any subordinate security interest or other subordinate lien; and  (d) Terminates any other subordinate interest.  2. A subordinate interest is discharged or terminated under subsection 1 even if the secured party fails to comply with this article.  (Added to NRS by 1999, 358)
NV Rev Stat § 104.9623 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9623 - Redemption of collateral.

  1. A debtor, any secondary obligor or any other secured party or lienholder may redeem collateral.  2. To redeem collateral, a person must tender:  (a) Fulfillment of all obligations secured by the collateral; and  (b) The reasonable expenses and attorney’s fees described in paragraph (a) of subsection 1 of NRS 104.9615.  3. A redemption may occur at any time before a secured party:  (a) Has collected collateral under NRS 104.9607;  (b) Has disposed of collateral or entered into a contract for its disposition under NRS 104.9610; or  (c) Has accepted collateral in full or partial satisfaction of the obligation it secures under NRS 104.9622.  (Added to NRS by 1999, 358)
NV Rev Stat § 104.9624 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9624 - Waiver of right to notification of disposition of collateral; waiver of right to redeem collateral.

  1. A debtor or secondary obligor may waive the right to notification of disposition of collateral under NRS 104.9611 only by an agreement to that effect entered into and authenticated after default.  2. Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under NRS 104.9623 only by an agreement to that effect entered into and authenticated after default.  (Added to NRS by 1999, 359)
NV Rev Stat § 104.9626 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9626 - Action in which deficiency or surplus is in issue.

  1. In an action arising from a transaction, other than a consumer transaction, in which the amount of a deficiency or surplus is in issue, the following rules apply:  (a) A secured party need not prove compliance with the provisions of this part relating to collection, enforcement, disposition or acceptance unless the debtor or a secondary obligor places the secured party’s compliance in issue.  (b) If the secured party’s compliance is placed in issue, the secured party has the burden of establishing that the collection, enforcement, disposition or acceptance was conducted in accordance with this part.  (c) Except as otherwise provided in NRS 104.9628, if a secured party fails to prove that the collection, enforcement, disposition or acceptance was conducted in accordance with the provisions of this part relating to collection, enforcement, disposition or acceptance, the liability of a debtor or a secondary obligor for a deficiency is limited to an amount by which the sum of the secured obligation, expenses and attorney’s fees exceeds the greater of:  (1) The proceeds of the collection, enforcement, disposition or acceptance; or  (2) The amount of proceeds that would have been realized had the noncomplying secured party proceeded in accordance with the provisions of this part relating to collection, enforcement, disposition or acceptance.  (d) For purposes of subparagraph (2) of paragraph (c), the amount of proceeds that would have been realized is equal to the sum of the secured obligation, expenses and attorney’s fees unless the secured party proves that the amount is less than that sum.  (e) If a deficiency or surplus is calculated under subsection 6 of NRS 104.9615, the debtor or obligor has the burden of establishing that the amount of proceeds of the disposition is significantly below the range of prices that a complying disposition to a person other than the secured party, a person related to the secured party or a secondary obligor would have brought.  2. The limitation of the rules in subsection 1 to transactions other than consumer transactions leaves to the court the determination of the proper rules in consumer transactions. The court may not infer from that limitation the nature of the proper rule in consumer transactions and may continue to apply established approaches.  (Added to NRS by 1999, 360)
NV Rev Stat § 104.9627 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9627 - Determination of whether conduct was commercially reasonable.

  1. The fact that a greater amount could have been obtained by a collection, enforcement, disposition or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection, enforcement, disposition or acceptance was made in a commercially reasonable manner.  2. A disposition of collateral is made in a commercially reasonable manner if the disposition is made:  (a) In the usual manner on any recognized market;  (b) At the price current in any recognized market at the time of the disposition; or  (c) Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition.  3. A collection, enforcement, disposition or acceptance is commercially reasonable if it has been approved:  (a) In a judicial proceeding;  (b) By a genuine creditors’ committee;  (c) By a representative of creditors; or  (d) By an assignee for the benefit of creditors.  4. Approval under subsection 3 need not be obtained, and lack of approval does not mean that the collection, enforcement, disposition or acceptance is not commercially reasonable.  (Added to NRS by 1999, 361)
NV Rev Stat § 104.9628 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.

  1. Unless a secured party knows that a person is a debtor or obligor, knows his or her identity, and knows how to communicate with him or her:  (a) The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against him or her, for failure to comply with this article; and  (b) The secured party’s failure to comply with this article does not affect the liability of the person for a deficiency.  2. A secured party is not liable because of its status as a secured party:  (a) To a person that is a debtor or obligor, unless the secured party knows:  (1) That he or she is a debtor or obligor;  (2) His or her identity; and  (3) How to communicate with him or her; or  (b) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:  (1) That he or she is a debtor; and  (2) His or her identity.  3. A secured party is not liable to any person, and a person’s liability for a deficiency is not affected, because of any act or omission arising out of the secured party’s reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party’s belief is based on its reasonable reliance on:  (a) A debtor’s representation concerning the purpose for which collateral was to be used, acquired or held; or  (b) An obligor’s representation concerning the purpose for which a secured obligation was incurred.  4. A secured party is not liable to any person under paragraph (b) of subsection 3 of NRS 104.9625 for its failure to comply with NRS 104.9616.  5. A secured party is not liable under paragraph (b) of subsection 3 of NRS 104.9625 more than once with respect to any one secured obligation.  (Added to NRS by 1999, 361)
NV Rev Stat § 104.9702 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9702 - Applicability of amendatory provisions to preexisting transactions, liens, actions, cases and proceedings.

  1. Except as otherwise provided in NRS 104.9702 to 104.9709, inclusive, this article as amended applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before the amendments to this article take effect.  2. Except as otherwise provided in subsection 3 and NRS 104.9703 to 104.9709, inclusive:  (a) Transactions and liens that were not governed by this article before July 1, 2001, were validly entered into or created before that date, and would be subject to this article if they had been entered into or created after that date, and the rights, duties and interests flowing from those transactions and liens remain valid on and after that date; and  (b) The transactions and liens may be terminated, completed, consummated or enforced as required or permitted by this article or by the law that otherwise would apply if this article had not taken effect.  3. This article as amended does not affect an action, case or proceeding commenced before July 1, 2001.  (Added to NRS by 1999, 362)
NV Rev Stat § 104.9703 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9703 - Security interest perfected before July 1, 2001.

  1. A security interest that is enforceable immediately before July 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under this article if, when this article as amended takes effect, the applicable requirements for enforceability and perfection under this article as amended are satisfied without further action.  2. Except as otherwise provided in NRS 104.9705, if, immediately before July 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under this article as amended are not satisfied on July 1, 2001, the security interest:  (a) Is a perfected security interest for 1 year after July 1, 2001;  (b) Remains enforceable thereafter only if the security interest becomes enforceable under NRS 104.9203 before the year expires; and  (c) Remains perfected thereafter only if the applicable requirements for perfection under this article as amended are satisfied before the year expires.  (Added to NRS by 1999, 362)
NV Rev Stat § 104.9704 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9704 - Security interest unperfected before July 1, 2001.

A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:  1. Remains an enforceable security interest for 1 year after July 1, 2001;  2. Remains enforceable thereafter if the security interest becomes enforceable under NRS 104.9203 when this article as amended takes effect or within 1 year thereafter; and  3. Becomes perfected:  (a) Without further action, on July 1, 2001, if the applicable requirements for perfection under this article as amended are satisfied before or at that time; or  (b) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.  (Added to NRS by 1999, 362)
NV Rev Stat § 104.9705 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9705 - Effectiveness of action taken before July 1, 2001.

  1. If action, other than the filing of a financing statement, is taken before July 1, 2001, and the action would have resulted in priority of a security interest over the rights of a person that becomes a lien creditor had the security interest become enforceable before that date, the action is effective to perfect a security interest that attaches under this article as amended within 1 year after that date. An attached security interest becomes unperfected 1 year after July 1, 2001, unless the security interest becomes a perfected security interest under this article as amended before the expiration of that period.  2. The filing of a financing statement before July 1, 2001, is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this article as amended.  3. This article as amended does not render ineffective an effective financing statement that was filed before July 1, 2001, and satisfied the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in NRS 104.9103 as that section read at the time of filing. However, except as otherwise provided in subsections 4 and 5 and NRS 104.9706, the financing statement ceases to be effective at the earlier of:  (a) The time the financing statement would have ceased to be effective under the law of the jurisdiction in which it is filed; or  (b) June 30, 2006.  4. The filing of a continuation statement on or after July 1, 2001, does not continue the effectiveness of the financing statement filed before that date. However, upon the timely filing of a continuation statement after that date and in accordance with the law of the jurisdiction governing perfection as provided in part 3, the effectiveness of a financing statement filed in the same office in that jurisdiction before that date continues for the period provided by the law of that jurisdiction.  5. Paragraph (b) of subsection 3 applies to a financing statement that was filed against a transmitting utility before July 1, 2001, and satisfied the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in NRS 104.9103 as that section read at the time of filing only to the extent that part 3 provides that the law of a jurisdiction other than the jurisdiction in which the financing statement is filed governs perfection of a security interest in collateral covered by the financing statement.  6. A financing statement that includes a financing statement filed before July 1, 2001, and a continuation statement filed after that date are effective only to the extent that the financing statement satisfies the requirements of part 5 for an initial financing statement.  (Added to NRS by 1999, 363; A 2001, 62, 735)
NV Rev Stat § 104.9706 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9706 - When initial financing statement suffices to continue effectiveness of financing statement filed before July 1, 2001.

  1. The filing of an initial financing statement in the office specified in NRS 104.9501 continues the effectiveness of a financing statement filed before July 1, 2001, if:  (a) The filing of an initial financing statement in that office would be effective to perfect a security interest under this article as amended;  (b) The pre-effective-date financing statement was filed in an office in another state or another office in this State; and  (c) The initial financing statement satisfies subsection 3.  2. The filing of an initial financing statement under subsection 1 continues the effectiveness of the pre-effective-date financing statement:  (a) If the initial financing statement is filed before July 1, 2001, for the period provided in NRS 104.9403 before that date with respect to a financing statement; and  (b) If the initial financing statement is filed on or after July 1, 2001, for the period provided in NRS 104.9515 with respect to an initial financing statement.  3. To be effective for purposes of subsection 1, an initial financing statement must:  (a) Satisfy the requirements of part 5 for an initial financing statement;  (b) Identify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and  (c) Indicate that the pre-effective-date financing statement remains effective.  (Added to NRS by 1999, 364)
NV Rev Stat § 104.9707 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9707 - Persons entitled to file initial financing statement or continuation statement.

A person may file an initial financing statement or a continuation statement under NRS 104.9702 to 104.9709, inclusive, if:  1. The secured party of record authorizes the filing; and  2. The filing is necessary under those sections:  (a) To continue the effectiveness of a financing statement filed before July 1, 2001; or  (b) To perfect or continue the perfection of a security interest.  (Added to NRS by 1999, 364)
NV Rev Stat § 104.9708 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9708 - Determination of priority of conflicting claims to collateral.

  1. NRS 104.9101 to 104.9709, inclusive, determine the priority of conflicting claims to collateral. However, if the relative priorities of the parties were fixed before July 1, 2001, the provisions of article 9 which were in effect before July 1, 2001, determine priority.  2. For purposes of subsection 1 of NRS 104.9322, the priority of a security interest that becomes enforceable under NRS 104.9203 dates from July 1, 2001, if the security interest is perfected under this article as amended by the filing of a financing statement before July 1, 2001, which would not have been effective to perfect the security interest under the provisions of article 9 which were in effect before that date. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.  (Added to NRS by 1999, 364)
NV Rev Stat § 104.9709 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9709 - Effectiveness, amendment and termination of financing statement filed before July 1, 2001.

  1. In this section, "pre-effective-date financing statement" means a financing statement filed before July 1, 2001.  2. A person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement pursuant to the law of the jurisdiction governing perfection as provided in part 3. The effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.  3. Except as otherwise provided in subsection 4, if the law of this State governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended on or after July 1, 2001, if:  (a) The pre-effective-date financing statement and an amendment are filed in the office specified in NRS 104.9501;  (b) An amendment is filed in the office specified in NRS 104.9501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies the requirements of subsection 3 of NRS 104.9706; or  (c) An initial financing statement that provides the information as amended and satisfies the requirements of subsection 3 of NRS 104.9706 is filed in the office specified in NRS 104.9501.  4. If the law of this State governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under subsections 4 and 6 of NRS 104.9705 or NRS 104.9706.  5. Whether or not the law of this State governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this State may be terminated on or after July 1, 2001, by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies the requirements of subsection 3 of NRS 104.9706 has been filed in the office specified by the law of the jurisdiction governing perfection as provided in part 3.  (Added to NRS by 2001, 708)
NV Rev Stat § 104.9710 (2021)
2021 Nevada Revised Statutes|Chapter 104 - Uniform Commercial Code — Original Articles|NRS 104.9710 - Applicability of amendatory provisions to preexisting transactions, liens, actions, cases and proceedings.

  1. Except as otherwise provided in NRS 104.9710 to 104.9717, inclusive, this article as amended applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013.  2. This article as amended does not affect an action, case or proceeding commenced before July 1, 2013.  (Added to NRS by 2011, 605)