Nevada Revised Statutes
Chapter 111 - Estates in Property; Conveyancing and Recording
NRS 111.785 - Single party or multiple parties: POD designation or agency designation; governing law.


1. An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to subsection 3 of NRS 111.795, a single-party account or a multiple-party account may have a POD designation or an agency designation, or both.
2. An account established before, on or after October 1, 2011, whether in the form prescribed in subsection 1 of NRS 111.787 or in any other form, is a single-party account or a multiple-party account, with or without right of survivorship, and with or without a POD designation or an agency designation, and is governed by NRS 111.783 to 111.815, inclusive.
(Added to NRS by 2011, 1429)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 111 - Estates in Property; Conveyancing and Recording

NRS 111.010 - Definitions.

NRS 111.015 - Power of court to compel specific performance not abridged.

NRS 111.020 - Instruments may be subscribed by lawful agents.

NRS 111.025 - Conveyances void against purchasers are void against their heirs or assigns.

NRS 111.040 - Validity of conveyances made before December 2, 1861.

NRS 111.045 - Legality of conveyances executed before December 2, 1861, depends on laws and customs of mining and agricultural districts.

NRS 111.050 - Chapter not to be construed to conflict with lawful mining rules, regulations and customs.

NRS 111.055 - Nonresident aliens, persons and corporations may hold real property.

NRS 111.060 - Tenancy in common: Definition.

NRS 111.063 - Tenancy in common: Creation.

NRS 111.064 - Tenancy in common or estate in community property: Creation; right of survivorship.

NRS 111.065 - Joint tenancy in real and personal property: Creation.

NRS 111.070 - Fee simple: Words of inheritance not necessary.

NRS 111.075 - "Heir" or "issue" in remainders.

NRS 111.080 - Contingent future interest: Defeat on birth of posthumous child.

NRS 111.085 - Estates tail: Enjoyment by posthumous child.

NRS 111.090 - Grants of rents, reversions and remainders effective without attornments of tenants.

NRS 111.095 - When attornment of tenant void.

NRS 111.100 - Lineal and collateral warranties abolished.

NRS 111.101 - Abolishment of Rule in Shelley’s Case.

NRS 111.102 - Abolishment of doctrine of destructibility of contingent remainders.

NRS 111.103 - Short title; uniformity of application and construction.

NRS 111.1031 - Statutory rule against perpetuities.

NRS 111.1033 - When nonvested property interest or power of appointment created.

NRS 111.1035 - Reformation.

NRS 111.1037 - Exclusions from statutory rule against perpetuities.

NRS 111.1039 - Prospective application.

NRS 111.105 - Conveyances by deed.

NRS 111.115 - Proof of execution of conveyance.

NRS 111.120 - Conditions necessary before proof by subscribing witness can be taken.

NRS 111.125 - Proof required from subscribing witnesses.

NRS 111.130 - Contents of certificate of proof.

NRS 111.135 - When proof by evidence of handwriting may be taken.

NRS 111.140 - Statements of witnesses under oath before certificate granted.

NRS 111.145 - Witnesses to conveyance may be subpoenaed.

NRS 111.150 - Penalty for failure of witness to appear when subpoenaed.

NRS 111.155 - Conveyance acknowledged or proved may be read in evidence.

NRS 111.160 - After-acquired title passes to grantee.

NRS 111.165 - Adverse possession does not prevent sale and conveyance.

NRS 111.167 - Presumption of conveyance with land: Water rights, permits, certificates and applications appurtenant to land.

NRS 111.170 - Construction of words "grant, bargain and sell" in conveyances; suit upon covenants.

NRS 111.175 - Conveyances made to defraud prior or subsequent purchasers are void.

NRS 111.180 - Bona fide purchaser: Conveyance not deemed fraudulent in favor of bona fide purchaser unless subsequent purchaser had actual knowledge, constructive notice or reasonable cause to know of fraud.

NRS 111.185 - Power of revocation at will.

NRS 111.190 - Revocation and reconveyance.

NRS 111.195 - Effect of conveyance made before power of revocation can be exercised.

NRS 111.200 - Limitations on terms of leases.

NRS 111.205 - No estate created in land unless by operation of law or written conveyance; leases for terms not exceeding 1 year.

NRS 111.210 - Contracts for sale or lease of land for periods in excess of 1 year void unless in writing.

NRS 111.220 - Agreements not in writing: When void.

NRS 111.235 - Grants and assignments of existing trusts to be in writing or are void.

NRS 111.237 - Prohibition or restriction based on race, color, religion, ancestry, national origin, disability, familial status, sex, sexual orientation or gender identity or expression.

NRS 111.2375 - Form to make declaration of removal of discriminatory restriction.

NRS 111.238 - Prohibition on display of flag of the United States on property.

NRS 111.239 - Prohibition or restriction on use of system for obtaining solar energy on property.

NRS 111.2395 - Prohibition or restriction on use of system for obtaining wind energy on property; exceptions.

NRS 111.240 - Acknowledgment of conveyances.

NRS 111.265 - Persons authorized to take acknowledgment or proof within State.

NRS 111.310 - Instruments entitled to recordation; patents need not be acknowledged.

NRS 111.311 - Conveyance of real property pursuant to agreement for deed in lieu of foreclosure must be recorded by deed; civil liability for failure to record deed.

NRS 111.312 - Requirements for recording certain documents relating to real property.

NRS 111.315 - Recording of conveyances and instruments: Notice to third persons.

NRS 111.320 - Filing of conveyances or other instruments is notice to all persons: Effect on subsequent purchasers and mortgagees.

NRS 111.325 - Unrecorded conveyances void as against subsequent bona fide purchaser for value when conveyance recorded.

NRS 111.340 - Certificate of acknowledgment and record may be rebutted.

NRS 111.345 - Proof taken upon oath of incompetent witness: Instrument not admissible until established by competent proof.

NRS 111.347 - Recording defective instrument: Notice to subsequent purchasers; admissibility in evidence.

NRS 111.350 - Conveyances or other instruments recorded before December 17, 1862: Notice to subsequent purchasers; certified copies as evidence.

NRS 111.353 - Recording of master form mortgages and deeds of trust; incorporation of provisions by reference in subsequently recorded instruments.

NRS 111.355 - Recordation of only part of instrument under certain conditions.

NRS 111.365 - Recording affidavit of death of joint tenant or spouse holding community property with right of survivorship creates disputable presumption title vested in survivor; recording affidavit of death of life tenant creates disputable presump...

NRS 111.3655 - Recording of notice by owner of real property who opens property for public pedestrian access and who improves property for that specific purpose: Form; effect; revocation; owner not to prevent pedestrian access; no effect on vested ri...

NRS 111.366 - Short title.

NRS 111.3663 - Definitions.

NRS 111.3667 - "Document" defined.

NRS 111.367 - "Electronic" defined.

NRS 111.3673 - "Electronic document" defined.

NRS 111.3675 - "Electronic signature" defined.

NRS 111.3677 - "Person" defined.

NRS 111.368 - "State" defined.

NRS 111.3683 - Applicability.

NRS 111.3685 - Validity of electronic documents.

NRS 111.3687 - Recording of documents.

NRS 111.369 - Administration and standards.

NRS 111.3693 - Uniformity of application and construction.

NRS 111.3697 - Relation to Electronic Signatures in Global and National Commerce Act.

NRS 111.370 - Creation of easement by grant; signing, recording and contents of instrument creating easement.

NRS 111.375 - Vesting of easement; effect of transfer of land.

NRS 111.380 - Termination, modification or extinguishment of easement.

NRS 111.390 - General purpose.

NRS 111.400 - Scope.

NRS 111.410 - Definitions.

NRS 111.420 - Creation; recording; duration; effect on existing interest in real property.

NRS 111.430 - Actions affecting easements for conservation.

NRS 111.440 - Validity.

NRS 111.655 - Short title.

NRS 111.657 - Definitions.

NRS 111.659 - "Beneficiary" defined.

NRS 111.661 - "Deed upon death" defined.

NRS 111.663 - "Designated beneficiary" defined.

NRS 111.665 - "Grantor" defined.

NRS 111.667 - "Person" defined.

NRS 111.669 - "Property" defined.

NRS 111.671 - Creation of deed upon death.

NRS 111.673 - Designation of beneficiary.

NRS 111.675 - Requirements for property held as joint tenancy or community property with right of survivorship.

NRS 111.677 - Void if interest in property transferred before death; last recorded deed upon death is effective.

NRS 111.679 - Capacity to make or revoke.

NRS 111.681 - Execution and recordation.

NRS 111.683 - Effective without notice or consideration.

NRS 111.685 - Effect of deed upon death during owner’s lifetime.

NRS 111.687 - Disclaimer by beneficiary.

NRS 111.689 - Enforcement of liabilities against property transferred pursuant to deed upon death; notice to certain persons required; filing of claims; recovery of public assistance; time for filing suit.

NRS 111.691 - Property transferred by deed upon death subject to prior lien.

NRS 111.693 - Limitations concerning Medicaid payments.

NRS 111.695 - Form of deed upon death.

NRS 111.697 - Form of revocation of deed upon death.

NRS 111.699 - Form of Death of Grantor Affidavit; required documents upon death of grantor.

NRS 111.700 - Definitions.

NRS 111.701 - "Account" defined.

NRS 111.703 - "Agent" defined.

NRS 111.705 - "Beneficiary" defined.

NRS 111.707 - "Contract" defined.

NRS 111.709 - "Devisee" defined.

NRS 111.711 - "Financial institution" defined.

NRS 111.713 - "Governing instrument" defined.

NRS 111.715 - "Heirs" defined.

NRS 111.717 - "Held in beneficiary form" defined.

NRS 111.719 - "Multiple-party account" defined.

NRS 111.721 - "Nonprobate transfer" defined.

NRS 111.723 - "Party" defined.

NRS 111.725 - "Payment" defined.

NRS 111.727 - "Personal representative" defined.

NRS 111.729 - "POD designation" defined.

NRS 111.731 - "Receive" defined.

NRS 111.733 - "Register in beneficiary form" defined.

NRS 111.735 - "Request" defined.

NRS 111.737 - "State" defined.

NRS 111.739 - "Sums on deposit" defined.

NRS 111.741 - "Terms of the account" defined.

NRS 111.743 - "Transferring entity" defined.

NRS 111.745 - "Trust" defined.

NRS 111.747 - "Trustee" defined.

NRS 111.749 - "Will" defined.

NRS 111.751 - Provision for nonprobate transfer in contract.

NRS 111.753 - Authority of agent to make nonprobate transfer of property after death of owner.

NRS 111.755 - Agreement between owner and transferring entity; authorized content of contract concerning such agreement; effective date of designation of beneficiary when transferring entity’s acceptance required.

NRS 111.757 - Transfer to designated beneficiary according to beneficiary designation or other direction.

NRS 111.759 - Proper execution and delivery required for transfer of property upon death of owner.

NRS 111.761 - Proper execution and delivery or acknowledgment required for assignment of right to receive performance effective upon death of owner; other methods of assignment not precluded.

NRS 111.763 - Proper execution and acknowledgment required to transfer interest in tangible personal property effective upon death of owner; other methods of transfer not precluded.

NRS 111.765 - Property held in beneficiary form: Direct transfer; rights of owner; effective date of transfer.

NRS 111.767 - Rights of designated beneficiaries; transfer of property when no beneficiary survives owner.

NRS 111.769 - Revocation of beneficiary designation: Authorized unless expressly made irrevocable; agreement of all owners; effect of subsequent designations or transfers; effective date.

NRS 111.771 - Property held in beneficiary form; registration in beneficiary form; transfer-on-death directions.

NRS 111.773 - Disqualification of beneficiary.

NRS 111.775 - Authority of agent, guardian or other fiduciary to change beneficiary designation.

NRS 111.777 - Rights of beneficiary if property lost, destroyed, damaged or converted during owner’s lifetime.

NRS 111.779 - Liability of nonprobate transferee; proceedings to impose liability; payment of claims against nonprobate assets.

NRS 111.781 - Effect of divorce or annulment on nonprobate transfer of property; liability of payor for payment or transfer made in good faith; federal preemption.

NRS 111.783 - Applicability.

NRS 111.785 - Single party or multiple parties: POD designation or agency designation; governing law.

NRS 111.787 - Type and form of account; governing law for other types of accounts.

NRS 111.789 - Designation of agent; authority of agent; designation revocable.

NRS 111.791 - Beneficial ownership: Applicability.

NRS 111.793 - Proportional ownership; exception to proportional ownership; rights of beneficiary; rights of agent.

NRS 111.795 - Rights of surviving parties upon death of party to multiple-party account; right to sums in account if POD designation; rights at death to sums on deposit.

NRS 111.797 - Alteration of type of account; right of survivorship not altered by will.

NRS 111.799 - Transfers not testamentary or subject to estate administration; effective with or without consideration.

NRS 111.801 - Character of and rights in community property not altered; exception.

NRS 111.803 - Authority of financial institutions to enter into agreements of deposit; financial institutions not required to make inquiries concerning accounts.

NRS 111.805 - Payment of sums on deposit: Multiple-party accounts.

NRS 111.807 - Payments of sums on deposit: Accounts with POD designation.

NRS 111.809 - Payment of sums on deposit: Payments to agents.

NRS 111.811 - Payments made to minors designated as beneficiaries.

NRS 111.813 - Financial institutions discharged from claims after payments; exceptions; rights of parties not affected.

NRS 111.815 - Rights of beneficiary; limitations; liability of beneficiaries.

NRS 111.825 - Definitions.

NRS 111.830 - "Buyer" defined.

NRS 111.835 - "Payee" defined.

NRS 111.840 - "Private transfer fee" defined.

NRS 111.845 - "Private transfer fee obligation" defined.

NRS 111.850 - "Seller" defined.

NRS 111.855 - "Transfer" defined.

NRS 111.860 - Legislative findings and declaration.

NRS 111.865 - Private transfer fee obligations prohibited.

NRS 111.870 - Creation before May 20, 2011; recordation; amendment; failure to record.

NRS 111.875 - Enforcement of private transfer fee obligations created before May 20, 2011.

NRS 111.880 - Liability for creation after May 20, 2011.