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Rule 10 Option for Inclusion

II. PARTICIPATION IN THE FORECLOSURE MEDIATION PROGRAM

1. For any owner-occupied property located in Nevada where a Notice of Default is recorded after December 2, 2016, the grantor or person who holds the title of record (eligible participant) and the beneficiary of the deed of trust may agree in writing to enter the Foreclosure Mediation Program governed by NRS Chapter 107 and these rules. Notice and a copy of the option for inclusion letter signed by both parties must be provided to the District Court.

2. For any owner-occupied property located in Nevada where a Notice of Default is recorded and the homeowner has failed to file a Petition for Mediation Assistance within the time frame pursuant to Rule 8, the homeowner and beneficiary of the deed of trust may agree in writing to participate in the Foreclosure Mediation Program.

3. Upon acceptance of the written stipulation, filing of the Petition for Mediation Assistance, and receipt of the required fees, the District Court shall appoint a mediator and the mediation process shall be conducted consistent with these rules.

Amendment history: [Added; effective July 31, 2009; amended; effective August 31, 2017.]