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Nevada Revised Statutes (Last Updated: December 24, 2014) |
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TITLE43 PUBLIC SAFETY; VEHICLES; WATERCRAFT |
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CHAPTER482. Motor Vehicles and Trailers: Licensing, Registration, Sales and Leases |
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SECURITY INTERESTS IN VEHICLES |
NRS482.427. Issuance of certificate of title to buyer, secured party or assignee.
Latest version.
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1. Upon receipt of the documents required respectively by NRS 482.423, 482.424 and 482.426 to be submitted to it, and the payment of all required fees, the Department shall issue a certificate of title.
2. If no security interest is created or exists in connection with the sale, the certificate of title must be issued to the buyer.
3. If a security interest is created by the sale, the certificate of title must be issued to the secured party or to his or her assignee.