111.200 - Limitations on terms of leases. - Nevada Statutes

111.200  Limitations on terms of leases.

      1.  No agricultural or grazing lands within the state shall hereafter be conveyed for agricultural or grazing purposes by lease or otherwise, except in fee and perpetual succession, for a longer period than 25 years.

      2.  No other lands or real property shall be so conveyed for a longer period than 99 years.

      3.  All leases hereafter made contrary to the provisions of this chapter shall be void as to any periods of time in excess of those enumerated in subsections 1 and 2.

      [78:9:1861; A 1923, 314; 1929, 364; 1951, 237]—(NRS A 1959, 96; 1963, 60)