NRS 40.455, 457 and 459.
1. Application by judgment creditor or
beneficiary of trust within 6 months after the date of foreclosure sale or
trustee sale per NRS 107.080. (NRS 40.455);
2. Showing that there is a
3. Hearing must be held before making
award and evidence shall be heard regarding fair market value of the property
as of the date of the foreclosure/sale.
(NRS 40.459); and
4. Deficiency judgment shall be lesser of
amount owed minus the fair market value, or the amount owed minus the actual
sales price of property (plus interest from date of sale).