Page 32 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 32

State Locations

                                                                                               A STATE - BY - STATE GUIDE
       REAL ESTATE LAWS AND CUSTOMS                                                                    NEVADA

       Title Insurance Rates   NEVADA
            Filed

       Form of Conveyance   NEVADA
            Grant; Bargain and Sale Deed


       State Encumbrance Forms   NEVADA
            Deed of Trust

       Customary Closing Entity   NEVADA
            Title or Escrow Company

       Commitment Issued? Duration?   NEVADA
            Yes, Upon Request; 6 Months

       When Is Invoice Issued?   NEVADA
            At Closing

       Deed Transfer Tax?   NEVADA
            Yes; Real Property Transfer Tax

       Mortgage Tax?   NEVADA
            No

       Leasehold Tax?   NEVADA
            No


       Remote Online Notarization (RON) Status   NEVADA
            In Effect
       CUSTOMARY SPLITS

       Owner’s Policy Premium   NEVADA
            Seller Pays; Sometimes Negotiable


       Loan Policy Premium   NEVADA
            Buyer Pays


       Title Search and Exam Fees   NEVADA
            Included in Premium


       Survey Charges   NEVADA
            Seller Pays; Sometimes Buyer Obtains Survey or Cost Divided Equally


       Deed Transfer Tax   NEVADA
            Not Applicable


       Mortgage Tax   NEVADA
            Not Applicable


       Closing Fees   NEVADA
            Divided Equally


       Recording Fees   NEVADA
            Buyer Pays to Record Deed and Mortgage
           Seller Pays to Record Documents to Remove Encumbrances

                   UCC coverage is available; for assistance with your transaction contact UCC@oldrepublictitle.com  32

                                                  oldrepublictitle.com/ncs                                       Updated 07/2023
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