NRS705.060. Contract recorded with Secretary of State; recording of declaration of full payment; fees.

      1.  The contracts authorized by NRS 705.030 to 705.070, inclusive, shall be filed with the Secretary of State and recorded by the Secretary of State in a book of records to be kept for that purpose. On payment in full of the purchase money and the performance of the terms and conditions stipulated in any such contract, a declaration in writing to that effect shall be made by the vendor, lessor or bailor, or the assignee of the vendor, lessor or bailor, by a separate instrument, to be acknowledged by the vendor, lessor or bailor, or assignee, and recorded as aforesaid.

      2.  The Secretary of State shall collect and pay into the State Treasury $5 for filing each of such contracts or declarations and 20 cents per folio for recording the same.

      [2:278:1913; 1919 RL p. 2983; NCL § 6301]