Nev. Rev. Stat. § 111.064

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 111.064 - Tenancy in common or estate in community property: Creation; right of survivorship
1. Estates as tenants in common or estates in community property may be created by conveyance from a married couple to themselves or to themselves and others or from a sole owner to himself or herself and others in the same manner as a joint tenancy may be created.
2. A right of survivorship does not arise when an estate in community property is created in a married couple, as such, unless the instrument creating the estate expressly declares that the married couple take the property as community property with a right of survivorship. This right of survivorship is extinguished whenever either spouse, during the marriage, transfers the spouse's interest in the community property.

NRS 111.064

Added to NRS by 1965, 618; A 1981, 1377; 2017, 778
Amended by 2017, Ch. 167,§50, eff. 7/1/2017.
Added to NRS by 1965, 618; A 1981, 1377