NRS39.630. “Heirs property” defined.  


Latest version.
  •   “Heirs property” means real property held in tenancy in common which satisfies all the following requirements as of the filing of a partition action:

          1.  There is no agreement in a record binding all the cotenants which governs the partition of the property.

          2.  One or more of the cotenants acquired title from a relative, whether living or deceased.

          3.  Any of the following applies:

          (a) Twenty percent or more of the interests are held by cotenants who are relatives;

          (b) Twenty percent or more of the interests are held by an individual who acquired title from a relative, whether living or deceased; or

          (c) Twenty percent or more of the cotenants are relatives.

      (Added to NRS by 2011, 310)