Enforceability of default on part of buyer.

Nev. Rev. Stat. § 97.304
in effect
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Notwithstanding the provisions of any contract to the contrary, default on the part of the buyer is only enforceable to the extent that: 1. The buyer fails to make a payment as required by the agreement; or 2. The prospect of payment, performance or realization of collateral is significantly impaired. The burden of establishing the prospect of significant impairment is on the seller.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-097.htmlFetched: 6/28/2026

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