Nevada law
Real Estate Laws in Nevada.
Nevada real estate practice covers deeds, title, residential seller disclosures, homestead, and foreclosure. Nevada is a lien-theory state but permits nonjudicial foreclosure of deeds of trust under NRS Chapter 107 — the dominant method. Nonjudicial foreclosure timelines typically run 120+ days. Nevada enacted extensive foreclosure-mediation reforms post-2008 (the Foreclosure Mediation Program, NRS 107.086). Nevada's homestead exemption is a substantial $605,000 of equity (as of 2024). Nevada requires detailed Seller's Real Property Disclosure (SRPD) under NRS 113.130.
Last verified: 2026-04-17
State law
Key Nevada Statutes
Permits nonjudicial foreclosure through power-of-sale in a deed of trust. Requires Notice of Default (NOD), 90-day cure period, then Notice of Sale (NOS) with 21-day publication, posting, and recording. Sale at the courthouse.
Owner-occupied residential borrowers may request mediation before foreclosure. Lender participation is mandatory if elected. Failure to participate in good faith may delay or void the sale.
Sellers of residential property must complete a detailed Seller's Real Property Disclosure Form covering 60+ items including structural, systems, environmental, and HOA conditions. Failure to disclose supports civil remedies.
Homestead protects up to $605,000 of equity (effective 2024; prior $550,000). Filing of homestead declaration with the county recorder provides protection against most creditors.
Contractors, subcontractors, laborers, and suppliers may file liens against improved real property. Pre-lien notice required; recording deadline generally 90 days after last furnishing.
Nevada is a race-notice state: a subsequent bona fide purchaser for value without notice who records first prevails over an earlier unrecorded conveyance.
State law
Official Sources
Not Legal Advice
This page summarizes publicly available statutes and rules for informational purposes only. It does not constitute legal advice, and no attorney-client relationship is created by viewing this content. Laws change — always verify with the primary source or consult a licensed attorney in Nevada.
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