Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE10 PROPERTY RIGHTS AND TRANSACTIONS |
CHAPTER111. Estates in Property; Conveyancing and Recording |
REAL PROPERTY TRANSFER ON DEATH (UNIFORM ACT) |
NRS111.689. Enforcement of liabilities against property transferred pursuant to deed upon death.
Latest version.
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1. To the extent the grantor’s probate estate is insufficient to satisfy an allowed claim against the estate or a statutory allowance to a surviving spouse or child, the estate may enforce the liability against property transferred pursuant to a deed upon death.
2. If more than one property is transferred pursuant to one or more deeds upon death, the liability for any claim must be apportioned among the properties in proportion to their net values at the grantor’s death.
3. A proceeding to enforce the liability under this section must be commenced not later than 18 months after the grantor’s death.
(Added to NRS by 2011, 1349)