NAC645F.685. Foreclosure purchases: Translation of contract into language other than English.  


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  • A foreclosure purchaser who negotiates a contract with a homeowner in a language other than English shall deliver to the homeowner at least 2 calendar days before the execution of the contract a translation in at least 10-point type of the material terms of the contract in the language in which the contract was negotiated, along with a statement indicating that the original contract will be in English.

     (Added to NAC by Comm’r of Mortgage Lending by R052-09, 8-25-2009, eff. 10-1-2009)