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Contracts

2014

University of Nevada, Las Vegas -- William S. Boyd School of Law

Notice of Default

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Full-Text Articles in Law

Summary Of Schleining V. Cap One, Inc., 130 Nev. Adv. Op. 36, Laura Guidry May 2014

Summary Of Schleining V. Cap One, Inc., 130 Nev. Adv. Op. 36, Laura Guidry

Nevada Supreme Court Summaries

The Court determined two issues: 1) whether NRS 40.453 invalidates a guarantor’s contractual waiver of the statutory right to be mailed a notice of default and 2) whether NRS 107.095 requires strict or substantial compliance by lenders giving notice of default, and if substantial compliance is sufficient, whether there was substantial compliance in this case.