After the auction

What a trustee's sale does—and what still protects you.

A completed sale transfers title, but possession, tenant notice, and any money claim against you all follow separate Nevada rules with their own deadlines.

The auction and title

The sale is a public auction to the highest bidder at a county-designated location between 9 a.m. and 5 p.m.
A sale under NRS 107.080 conveys title without a post-sale equity or right of redemption. Do not plan on buying the home back after the auction.
That rule does not foreclose a timely statutory challenge for specified notice or compliance failures.
The trustee's deed generally must be recorded within 30 days of the sale.

Nevada law: NRS 107.080

Possession after the sale

Where NRS 40.255(1) applies to a former owner or other holdover occupant, removal generally requires perfected title, a three-day written notice to surrender, and court proceedings if the occupant remains.
Tenants in actual occupation have separate rules following a residential foreclosure, including notice of the ownership change.
For monthly or longer periodic tenancies, or tenancies at will, the notice period is at least 60 days.

Nevada law: NRS 40.255

Deficiency judgments

A creditor that may seek a deficiency generally must apply to court within six months after the sale; a separate timing rule applies when multiple properties secure the debt.
NRS 40.455 bars an award sought by a financial institution when all statutory purchase-money, ownership, continuous occupancy, and no-refinancing conditions are met.
Permitted awards are subject to the limits of NRS 40.459.

Nevada law: NRS 40.455 and 40.459

Before the sale is better than after

Reinstatement, mediation, and loss mitigation options close before the auction. If a sale date is set, act on it today.

See your options Request a home review

Last reviewed September 2026. General information only; not legal advice, and not an opinion about the validity of any particular foreclosure.