278.496 - Requirements for presenting map of reversion for recording. - Nevada 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.

      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.

      (Added to NRS by 1993, 2559)

      NRS 278.4965  Map of reversion must include certificate of approval from appropriate person.  A map of reversion presented to the county recorder for recording must include a certificate by the clerk of the governing body or the planning commission or other authorized person stating that it approved the map.

      (Added to NRS by 1993, 2559)