Nevada Administrative Code
Chapter 108 - Statutory Liens
LIENS FOR STORAGE, MAINTENANCE, KEEPING OR REPAIR OF CERTAIN VEHICLES
Section 108.110 - Lien sale of vehicle: Duties upon sale; form and contents of required documentation

Universal Citation: NV Admin Code 108.110

Current through September 16, 2024

1. Except for a lien sale to a licensed wrecker, when a vehicle is sold as a result of a lien, the lien claimant shall:

(a) Collect from the buyer of the vehicle:
(1) The fee set forth in NRS 482.429 for a certificate of title for a vehicle registered in this State;

(2) Any fees associated with a lien sale affidavit; and

(3) Any applicable taxes pursuant to NRS 372.105 to 372.180, inclusive;

(b) Give to the buyer of the vehicle a lien sale registration certificate to be submitted by the buyer at the time of the registration of the vehicle; and

(c) Within 30 days after the lien sale of the vehicle, submit to the Department:
(1) A completed lien sale affidavit;

(2) A copy of the notice of a lien required pursuant to NRS 108.272;

(3) The fees and taxes collected pursuant to paragraph (a); and

(4) Any other required documents relating to the lien sale of the vehicle.

2. A lien sale affidavit and lien sale registration certificate must be on a form prescribed by the Department and must include, without limitation:

(a) A description of the vehicle, including, without limitation:
(1) Whether the vehicle meets any of the definitions set forth in NRS 482.098, 482.100, 487.740, 487.760, 487.770 or 487.790; and

(2) Whether the vehicle has sustained damage to more than 50 percent of the vehicle's exterior due to accident, flood or fire;

(b) The name and address of the lien claimant;

(c) The name and address of the buyer of the vehicle; and

(d) The name and address of any party with a security interest in the vehicle at the time of the lien sale.

Added to NAC by Dep't of Motor Veh. by R116-05, eff. 12-29-2005

NRS 108.26797

Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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