Nev. Admin. Code § 361.940 — 361.940

NAC 361.940    Notification of State Treasurer by holder of certificate if
certain changes relating to property occur. ( NRS
361.915 , 361.920 )
1.  A titleholder of property for which a
certificate has been issued shall notify the State Treasurer within 60 days
after:
(a) The titleholder sells or transfers the
property;
(b) The titleholder rents or leases the property;
(c) The titleholder converts the residence,
appurtenances or land to use by or as a commercial business;
(d) The titleholder moves or otherwise fails to
live in the residence;
(e) The titleholder encumbers or applies for a
mortgage or loan, using the property as collateral;
(f) A titleholder is added to or deleted from the
deed for the property; or
(g) A titleholder of the property dies.
2.  Upon receipt of notification pursuant to
subsection 1, the State Treasurer will conduct a review to determine if the
titleholder qualifies to continue the allodial title on the property and, if
so, whether a recalculation of the cost of the certificate is necessary.
(Added to NAC by St. Treasurer by R088-01, eff. 10-22-2001)