NRS 278.496 Requirements for presenting map of reversion for recording.
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NRS 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.