Property OwnershipAdverse_possessionHARD
Adverse possession in Nevada requires:
Correct Answer
B) 15 years of continuous possession plus payment of taxes
Nevada requires 15 years of continuous possession plus payment of property taxes for adverse possession.
Answer Options
A
5 yearsB
15 years of continuous possession plus payment of taxesC
20 yearsD
Adverse possession is not recognizedVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
property-boundary-disputestitle-examinationreal-estate-law-basicsproperty-rights
Key Terms:
adverse possession NevadaNRS §40.09015 years continuous possessionproperty tax paymenthostile possession
Related Concepts
The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.
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