Nevada Administrative Code
Chapter 375 - Taxes on Transfers of Real Property
Section 375.128 - "Tenancy in common" and "tenants in common" defined
Universal Citation: NV Admin Code 375.128
Current through February 27, 2024
"Tenancy in common" or "tenants in common" means a relationship in which two or more owners hold the same real property by unity of possession but by separate and distinct titles with each person having an equal right to possession of the property but having no right of survivorship.
Added to NAC by Tax Comm'n by R181-01, eff. 5-13-2002
NRS 360.090, 375.015
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
