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Nevada Repossession Laws
Quick Answers:
Where do I refer to for Title or
License Registration?
For state Title and License Information,
refer to:
Nevada Department of Motor Vehicles
Registration Division
555 Wright Way
Carson City, Nevada 89711
Telephone: (702) 687-5370
Fee for search of records is $2.00
per inquiry by written request.
Security Interests:
Shown on title held by lienholder.
Recording Requirements:
Per the
Uniform Commercial Code (UCC)
adopted in July, 1966: With County
Recorder off Mortgagor's residence
and county where property is
situated and with the Secretary of
State's Office.
Recovery Requirements:
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
Redemption Requirements:
Prior to
foreclosure.
Deficiency Requirements:
Allowed if contract so provides.
Status of judgment note is
undecided.
Special Motor Vehicle Provisions:
Liens must be noted on title.
Documents Required to Transfer
Ownership of Motor Vehicle:
Title certificate in lienholder's
name; certified copy of contract;
notarized Power of Attorney;
notarized Bill of Sale; and
notarized repossession affidavit.
Documents Required for
Liquidation:
Title, Affidavit of Repossession,
and Bill of Sale.
Plates:
Remain with the
owner / debtor, and are transferable.
All recovery requirements and fees are
current as of 2002.
Quick-Repo.com does not warrant the accuracy of these laws. The laws
listed on Quick-Repo.com are
only a starting point for reference,
and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or
state if you have any questions
about repossession service there.
View
repo laws at
RepoLaws.info and
repossession laws at
RepossessionLaws.info
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