As part of the Nevada Revised Statutes, the beneficiary of an interest in property may renounce the gift, either in part or in full (NRS 120.100 to 120.350 Uniform Disclaimer of Property Interests Act). Note that the option to disclaim is only available to beneficiaries who have not acted in any way to indicate acceptance or ownership of the interest (120.300).
The disclaimer must be in writing and include a description of the interest, a declaration of intent to disclaim all or a defined portion of the interest, and be signed by the disclaimant (120.220 (3)).
Deliver the disclaimer within nine months of the transfer (e.g., the death of the creator of the interest) to the personal representative of the decedent's estate, the trustee or file it with the court having authority to appoint such a person (120.290). If real property is involved, record a copy of the disclaimer in the county in which the property or interest disclaimed is located in order to avoid any ambiguity regarding the chain of title (120.320). In the case of a designation that has become irrevocable, a disclaimer of real property must be recorded (120.290 (6) (b)).
A disclaimer is irrevocable and binding for the disclaiming party and his or her creditors (120.220), so be sure to consult an attorney when in doubt about the drawbacks and benefits of disclaiming inherited property. If the disclaimed interest arises out of jointly-owned property, seek legal advice as well.
Deeds.com Nevada Disclaimer of Interest Forms Have Been Updated as Recently as Monday February 18, 2019
What others like you are saying:
January 10th, 2019
Name: Donna B.
Review: Really liked the quick access to documents. Great service, thanks.
Reply from Staff on January 10th, 2019
Thank you Donna, we appreciate you taken the time to leave your feedback. Have a great day!
January 22nd, 2019
Name: Patricia D.
Review: It worked great- I had a little trouble at first with the site, figuring out where to do what, but the form was much better than the one we purchased at Staples, loved being able to fill out with the computer. We did need the other form as per the screen prior to ordering but couldn't figure out which one. The ladies at the recorders were great too.
Reply from Staff on January 22nd, 2019
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
January 31st, 2019
Name: Deb D.
Review: Excellent website - easy to use, and found exactly the form I needed right away. Highly recommend.
Reply from Staff on January 31st, 2019
Thank you for your feedback. We really appreciate it. Have a great day!
Select County or Independent City where the property is located.