My Account Deeds.com Real Estate Deeds

Nevada - Nye County Gift Deed Form

All Nye County specific forms listed below are included in your immediate download:


Nye County Gift Deed Form Page 1

Gift Deed Form - Nye County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 11/11/2019


Nye County Gift Deed Guide Page 1

Gift Deed Guide - Nye County

Line by line guide explaining every blank on the form.
Included document last updated 11/4/2019


Nye County Completed Example of the Gift Deed Document Page 1

Completed Example of the Gift Deed Document - Nye County

Example of a properly completed form for reference.
Included document last updated 11/8/2019


*The Following Nevada and Nye County supplemental forms are included as a courtesy with your order.


Declaration of Value

Declaration of Value

When a deed is recorded, this form is required. Line-by-line instructions and helpful hints can be viewed on pages 2-4 of the form. For a list of statutory exemptions, consult the second document. As requesting party at the bottom add: Deeds.com, P.O. Box 5264, Fairlawn, OH 44334


Notary Certificates

Notary Certificates

The supplemental forms in this section can be used as loose certificates by notaries in the state.


Declaration of Homestead

Declaration of Homestead

A homestead declaration protects your home from being seized and sold in the event that a money judgment is entered against you by a court.


Abandonment of Homestead

Abandonment of Homestead

Use this form to abandon all claims to a homestead for the real property described.


Checkout and Download Forms

Frequently Asked Questions:

  • How long does it take to get my forms?
    • Forms are available immediately after submitting payment.
  • What are supplemental forms?
    • Often when a deed is recorded additional documents are required by the state or local jurisdiction. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
  • How do I get my forms, are they emailed?
    • After you submit payment you will see a page listing the forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
  • What type of files are the forms?
    • All of our forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
  • Can the forms be re-used?
    • Yes. You can re-use the forms for your personal use. For example, if you have more than one property in a given county that you need to transfer you would only need to order our forms once for all of your properties in that county.
  • Are these forms guaranteed to be recordable in Nye County ?
    • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Nye County including margin requirements, content requirements, font and font size requirements.
  • Do I have to enter all of my property information online?
    • No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
  • Can I save the completed form, email it to someone?
    • Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
  • Do I need any special software to use these forms?
    • You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
  • Are there any recurring fees involved?
    • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Gift Deed Forms:

  • Nye County

Including:

  • Amargosa Valley
  • Beatty
  • Gabbs
  • Manhattan
  • Mercury
  • Pahrump
  • Round Mountain
  • Tonopah

Checkout and Download Forms

What is the Nevada Gift Deed?

Gifts of Real Property in Nevada

A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends. Gift deeds are also used to donate to a non-profit organization or charity. The deed serves as proof that the transfer is indeed a gift and without consideration (any conditions or form of compensation).

Valid deeds must meet the following requirements: The grantor must intend to make a present gift of the property, the grantor must deliver the property to the grantee, and the grantee must accept the gift. Gift deeds must contain language that explicitly states no consideration is expected or required, because any ambiguity or reference to consideration can make the deed contestable in court. A promise to transfer ownership in the future is not a gift, and any deed that does not immediately transfer the interest in the property, or meet any of the aforementioned requirements, can be revoked [1].

A lawful gift deed must also include the grantor's full name and marital status, as well as the grantee's full name, marital status, mailing address, and vesting. Vesting describes how the grantee holds title to the property. are tenancy in common, joint tenancy, and community property. A grant of ownership of real estate to two or more persons is presumed to create a tenancy in common, unless otherwise stated in the conveyance. A married couple may hold real property as joint tenants, tenants in common, or as community property. (NRS 111.060-.065; 123.220; 123.030). All property acquired after marriage by either spouse, or both, is community property unless the property was acquired by gift. Gifts can only vest as community property when made to both spouses (NRS 123.130).

As with any conveyance of real estate, a gift deed requires a complete legal description of the parcel. Recite the source of title to establish a clear chain of title, and detail any restrictions associated with the property. A Declaration of Value form must accompany all real property documents. If an exemption to the transfer tax is claimed, it should be noted on the Declaration of Value (NRS 375.060). See NRS 375.090 for a list of exemptions. Record the completed deed at the local County Register of Deed's office.

The IRS levies a Federal Gift Tax on any transfer of property from one individual to another with no consideration, or consideration that is less than the full market value. Gifts of real property in Nevada are subject to this federal gift tax, but there is no associated state gift tax. In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). Even so, grantors should consider filing one for many gifts of real property [2]. The grantor is responsible for paying the federal gift tax; however, if the grantor does not pay the gift tax, the grantee will be held liable [1].

With gifts of real property, the recipient of the gift (grantee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the recipient is responsible for paying the requisite state and federal income taxes [3].

This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a lawyer with any questions about gift deeds or other issues related to the transfer of real property. For questions regarding federal and state tax laws, consult a tax specialist.

[1] https://nationalparalegal.edu/public_documents/courseware_asp_files/realProperty/PersonalProperty/InterVivosGifts.asp
[2] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[3] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes

Checkout and Download Forms

Save Time and Money

Get your Nye County Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties.

Guaranteed

We guarantee that you will receive access to the forms that you order and that those forms will be compliant with the recording requirements for the jurisdiction the forms were purchased for and the statutory requirements for content of the document.

Customer Reviews:

4.7 out of 5 (954 Reviews)


November 10th, 2019

Name: Pamela L.

Review: The packet was very comprehensive and easy to use (I had just one question that wasn't clearly explained). II appreciate that the forms are kept up to date.

Reply from Staff on November 10th, 2019

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


November 9th, 2019

Name: Brad T.

Review: I didn't spend a lot of time there but seems to be a good site with a valuable service.

Reply from Staff on November 9th, 2019

Thank you!


November 9th, 2019

Name: RUTH O.

Review: Got access to the forms immediately after ordering. Lots of helpful information, forms were easy to use. Happy I choose this site.

Reply from Staff on November 9th, 2019

Thank you Ruth. Have a great day!


November 9th, 2019

Name: Michael D.

Review: I sent Deeds.com an email with a question, asking for a little guidance as to which form(s) I need, but I'm waiting for a reply. My wife and I own 3 homes (2 in Indiana & 1 in Florida). We are needing to deed each to ourselves and put them into our living trust. I asked Deeds.com to please help by suggesting which forms I need for this. I do not want to get the wrong ones. I have not received a reply yet. When I receive a helpful reply and am able to purchase the correct forms, I am fairly certain my rating will go from 1 to 5. I withhold judgement until later.

Reply from Staff on November 9th, 2019

Thank you for your feedback Michael. We make available do it yourself deed documents. We do not prepare documents or provide legal advice. If you have done research and are still unsure of which documents you need we are not the website for you. We highly recommend seeking the advice of a legal professional familiar with your specific situation moving forward. Have a wonderful day.


November 8th, 2019

Name: Bruce J.

Review: Fast results

Reply from Staff on November 8th, 2019

Thank you!


November 7th, 2019

Name: Dennis D.

Review: Thanks for the efficient process and instructions.

Reply from Staff on November 7th, 2019

Thank you for your feedback. We really appreciate it. Have a great day!


November 7th, 2019

Name: Dennis D.

Review: Downloaded perfect. Can hardly wait to get them done.

Reply from Staff on November 7th, 2019

Thank you!


November 7th, 2019

Name: jon m.

Review: Great last minute forms saved me a critical time when I had no access to my own resources. Five Star Customer service.

Reply from Staff on November 7th, 2019

We appreciate your business and value your feedback. Thank you. Have a wonderful day!


November 6th, 2019

Name: Jami B.

Review: I was blown away by all the information I received for just $19.00!! I am still reading through it. Great job of explaining everything.

Reply from Staff on November 7th, 2019

Thank you!


November 6th, 2019

Name: John R.

Review: All the material included made preparing the quit claim deed very easy. Good product.

Reply from Staff on November 6th, 2019

Thank you for your feedback. We really appreciate it. Have a great day!


Checkout and Download Forms

Express Checkout (Download)

Price: $19.97

Notice: You are ordering blank forms, NOT a copy of your existing deed.