Nevada Revised Statutes 278.496 – Requirements for presenting map of reversion for recording
1. A map of reversion presented for recording must include a certificate signed and acknowledged, pursuant to NRS 240.166, 240.1665 or 240.167, by each person who is an owner of the land consenting to the preparation and recordation of the map for the purpose of reversion.
Terms Used In Nevada Revised Statutes 278.496
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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
2. A governing body may by ordinance require a map of reversion presented for recording to include:
(a) A report from a title company which lists the names of:
(1) Each owner of record of the land; and
(2) Each holder of record of a security interest in the land, if the security interest was created by a mortgage or a deed of trust.
(b) The written consent of each holder of record of a security interest listed pursuant to subparagraph (2) of paragraph (a), to the preparation and recordation of the map of reversion. A holder of record of a security interest may consent by signing:
(1) The map of reversion; or
(2) A separate document that is recorded with the map of reversion and declares his or her consent to the reversion, if the map contains a notation that a separate document has been recorded to this effect.
3. For the purpose of this section, the following shall be deemed not to be an interest in land:
(a) A lien for taxes or special assessments.
(b) A trust interest under a bond indenture.