A Nevada warranty deed is a real estate document with which a seller transfers ownership of their property to another party along with title warranties and assurances. Warranty deeds include a promise from the seller that they are legally authorized to convey the property, that there are no outstanding liens or encumbrances, and that they will defend the title if it is challenged by third parties. Fulfillment of these promises is not only the duty of the seller, but also the seller’s heirs and successors. The security afforded in a warranty deed makes it the safest and most desirable conveyance form for prospective buyers.
- Statutes: Title 10, Ch. 111, §§ 111.105 – 111.235
- Formatting: NRS 247.110, NRS 111.312
- Signing Requirements (NRS 111.105): Notary Public
- Where to Record (NRS 111.315): County Recorder
- Recording Fees (NRS 247.305): $25 + local fees (average of $42 in total)
- Forms:
- Recording Cover Page: Acquired from the County Recorder and attached to each deed presented for recording.
- Declaration of Value Form (NRS 375.060): This form must be completed and provided to the County Recorder.
- Property Disclosure Statement (NRS 113.130): If the seller is transferring ownership of a residential property, they must give the buyer this condition report at least ten (10) days before the transfer takes place.
- Open Range Disclosure (NRS 113.065): This disclosure must be signed by the buyer prior to any agreement to acquire residential property located beside an open range where livestock grazes.