Nev. Admin. Code § 375.90 — 375.90

NAC 375.090    “Life estate” defined. ( NRS 360.090 , 375.015 )    “Life
estate” means an estate whose duration is limited to the life of the party
holding it or of some other person.
[Tax Comm’n, Real Property Transfer Tax Ruling part No.
1, eff. 1-1-68]