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Nevada Real Estate Law Questions & Answers
1 Answer | Asked in Real Estate Law for Nevada on
Q: I was left 3 separate parcels of land with a few other people. Do they have to buy me out or do I have to forfeit it.

I have been paying taxes on it and don't feel it's ever going to sell and want to be bought out.

Ben F Meek III
Ben F Meek III
answered on Feb 19, 2017

Five options: 1) Buy out the others; 2) get them to buy you out; 3) file a partition suit to force a sale or a compromise buyout; 4) stop paying taxes and eventually the taxing authority will seize the properties for back taxes (possibly leaving a shortfall that each of you will still owe); or 5)... View More

2 Answers | Asked in Real Estate Law for Nevada on
Q: Does a handshake deal with, multiple witnesses and simple contrat have any legality with real estate?

The original owner has recently passed away. The property in question is about to go into probate. The execuiter has no doubt about our handshake deal with the property.

Brian Lehman
Brian Lehman
answered on Jan 24, 2017

Because it was a real estate deal, it needed to be in writing. I

Nevada’s statute of frauds is set forth in various sections of the Nevada Revised Statutes. It renders the following types of contracts unenforceable unless in writing and signed by the party against whom a claim is...
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2 Answers | Asked in Real Estate Law, Criminal Law and Personal Injury for Nevada on
Q: If a friend in vegas got robbed and the perp stole the 12000 in the safe is he protected under homeowners insurance ?

He thinks he knows who is involved

3 people but MIA

Detective is looking as well

Its been a few months

Paul Stanko
Paul Stanko
answered on Oct 1, 2016

This is an insurance question. Your friend should look at the coverages and exclusions in his policy. Better yet, get the policy out and call his agent to discuss his policy terms.

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1 Answer | Asked in Consumer Law, Contracts, Real Estate Law and Collections for Nevada on
Q: The timeshare company has assessed an admin fee of $106 because we're late on our quarterly fees. Can they charge this
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Aug 9, 2016

Check your timeshare agreement. Most timeshares do assess a penalty for late payments.

1 Answer | Asked in Real Estate Law and Probate for Nevada on
Q: Hello, I'm in Reno Nevada

My question is this. My mother and step father are legally separated, the house is only in my mothers name but my mother has passed away. My mother did not have a will however she expressed numerous times to our family that she wanted the house to be transferred into my name, but there is no... View More

Jonathan Craig Reed
Jonathan Craig Reed
answered on Apr 16, 2016

Courts generally are not interested in what wishes a person expressed. However if your mother died unmarried under the laws of intestate succession her property including her home would go to her children in a probate proceeding. If you wish to start a probate proceeding and your step father... View More

1 Answer | Asked in Real Estate Law for Nevada on
Q: deed is in both are names we split up how do I collect my half of rents from her

Also they are rental properties that are paid off, we split up and I moved to Vegas she stayed in Mi, how do I go about collecting my half of the rents?

Robert Jason De Groot
Robert Jason De Groot
answered on Oct 6, 2015

Speak with an attorney in MI about this, have a full discussion instead of you giving just a few facts and expecting a solid answer on the internet.

1 Answer | Asked in Real Estate Law for Nevada on
Q: Can u walk away from a home sale if u are the owner after a contract is signed
Terrence H Thorgaard
Terrence H Thorgaard
answered on Sep 10, 2015

You signed a contract to purchase and now want to pretend that no agreement was signed and thus "walk away"? If the seller chooses to sue, it appears that he or she could do so.

1 Answer | Asked in Real Estate Law for Nevada on
Q: What does tenants in common mean?
Adam Studnicki
Adam Studnicki
answered on Jul 14, 2015

Generally speaking, tenants in common is when more than one person owns a share in real estate. It doesn't necessarily have anything to do with "tenants" in the sense of a tenant leasing from a landlord. If you're thinking of making decisions on how to own property rather than... View More

1 Answer | Asked in Real Estate Law for Nevada on
Q: What happens when one one of people on a real estate loan dies?
Jonathan Craig Reed
Jonathan Craig Reed
answered on Jul 13, 2012

Typically the lender requires all people on loan to be jointly and severally liable which means that the survivor(s) is responsible for the whole loan altho both the survivor(s) and the lender may have a claim against the estate of the dead borrower.

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