NRS111.685. Effect of deed upon death during owner’s lifetime.  


Latest version.
  •   During the owner’s lifetime, a deed upon death does not:

          1.  Affect an interest or right of the owner, including, without limitation, the right to transfer or encumber the property;

          2.  Affect any method of transferring property otherwise permitted under the laws of this State;

          3.  Affect an interest or right of a designated beneficiary, even if the designated beneficiary has actual or constructive notice of the deed;

          4.  Affect an interest or right of a secured or unsecured creditor or future creditor of the owner, even if the creditor has actual or constructive notice of the deed;

          5.  Affect the owner’s or the designated beneficiary’s eligibility for any form of public assistance;

          6.  Create a legal or equitable interest in favor of the designated beneficiary; or

          7.  Subject the property to claims or process of a creditor of the designated beneficiary.

      (Added to NRS by 2011, 1349)