Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE3 REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS |
CHAPTER39. Partition of Real Property and Mining Claims |
HEIRS PROPERTY (UNIFORM ACT) |
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)