Sacramento, CA asked in Intellectual Property for Nevada

Q: Is this saying I have 35 days after the due date to pay the trustee?

I bought a house from person X and I need to Pay them May 1, then corona-world happened and all the lenders stopped lending. I have three lenders working on a loan, racing to get it done, but am contemplating on offering person x $$ to extend the due date by 30 days. Via 107.080, it seems I do not have to. A loan will definitely go thru by then.

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1 Lawyer Answer

A: This is about negotiating, and you should consider extending the deadline to make sure you do not lose the property.

Make sure you have a modification to the contract to make sure they do not try to pull the rug.

best luck

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