Nevada Property Law Flashcards

Under Nevada law, which deed provides the greatest protection to a buyer by warranting title against all claims?

Answer: General warranty deed

A general warranty deed provides the broadest title protection, warranting the title against all claims by any person whether arising before or during the grantor's ownership.

Nevada follows which recording act priority system for real property?

Answer: Race-notice

Nevada follows a race-notice recording act under NRS 111.325, protecting subsequent purchasers who record first AND take without notice of prior unrecorded claims.

In Nevada, what is the statute of limitations for adverse possession?

Answer: 15 years

Under NRS 11.070, the statute of limitations for adverse possession in Nevada is 15 years of continuous, open, hostile, exclusive, and actual possession.

Nevada's homestead exemption protects what maximum amount of equity in a primary residence from creditors?

Answer: $550,000

Under NRS 21.090(1)(l), Nevada's homestead exemption protects up to $550,000 in equity in a primary residence from general creditor claims.

Under Nevada law, a landlord must provide how much notice to terminate a month-to-month tenancy?

Answer: 30 days

Under NRS 40.251, a landlord must give a tenant at least 30 days' written notice to terminate a month-to-month tenancy.

In Nevada, for a residential eviction for nonpayment of rent, a landlord must first serve which notice?

Answer: 5-Day Notice to Pay or Quit

Under NRS 40.253, a landlord must serve a 5-day Notice to Pay or Quit before filing an eviction action for nonpayment of rent in Nevada.