Nevada Revised Statutes 111.075 – ‘Heir’ or ‘issue’ in remainders
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Where a remainder in lands or tenements, goods or chattels shall be limited by deed or otherwise, to take effect on the death of any person without heirs, or heirs of his or her body, or without issue, the word ‘heir,’ or ‘issue,’ shall be construed to mean heirs or issue living at the death of the person named as ancestor.
Terms Used In Nevada Revised Statutes 111.075
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lands: shall be construed as coextensive in meaning with lands, tenements and hereditaments, and shall include in its meaning all possessory right to the soil for mining and other purposes. See Nevada Revised Statutes 111.010
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.