NV Bar Nevada Property Law 1 — Questions and Answers
Question 1: Under Nevada law, which deed provides the greatest protection to a buyer by warranting title against all claims?
- Quitclaim deed
- Special warranty deed
- General warranty deed (Correct answer)
- Grant deed
Correct 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.
Question 2: Nevada follows which recording act priority system for real property?
- Pure notice
- Pure race
- Race-notice (Correct answer)
- First in time, first in right
Correct 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.
Question 3: In Nevada, what is the statute of limitations for adverse possession?
- 5 years
- 10 years
- 15 years (Correct answer)
- 20 years
Correct 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.
Question 4: Nevada's homestead exemption protects what maximum amount of equity in a primary residence from creditors?
- $100,000
- $250,000
- $550,000 (Correct answer)
- $605,000
Correct 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.
Question 5: Under Nevada law, a landlord must provide how much notice to terminate a month-to-month tenancy?
- 14 days
- 30 days (Correct answer)
- 45 days
- 60 days
Correct 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.
Question 6: In Nevada, for a residential eviction for nonpayment of rent, a landlord must first serve which notice?
- 3-Day Notice to Quit
- 5-Day Notice to Pay or Quit (Correct answer)
- 7-Day Notice to Pay or Quit
- 30-Day Notice to Vacate
Correct 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.
NV Bar Nevada Property Law 1
Under Nevada law, which deed provides the greatest protection to a buyer by warranting title against all claims?