Nevada Revised Statutes 111.410 – Definitions
As used in NRS 111.390 to 111.440, inclusive, unless the context otherwise requires:
Terms Used In Nevada Revised Statutes 111.410
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. ’Easement for conservation’ means a nonpossessory interest of a holder in real property, which imposes limitations or affirmative obligations and:
(a) Retains or protects natural, scenic or open-space values of real property;
(b) Assures the availability of real property for agricultural, forest, recreational or open-space use;
(c) Protects natural resources;
(d) Maintains or enhances the quality of air or water; or
(e) Preserves the historical, architectural, archeological, paleontological or cultural aspects of real property.
2. ’Holder’ means:
(a) A governmental body empowered to hold an interest in real property; or
(b) A charitable corporation, charitable association or charitable trust which has among its powers or purposes to:
(1) Retain or protect the natural, scenic or open-space values of real property;
(2) Assure the availability of real property for agricultural, forest, recreational or open-space use;
(3) Protect natural resources;
(4) Maintain or enhance the quality of air or water; or
(5) Preserve the historical, architectural, archeological, paleontological or cultural aspects of real property.
3. ’Right of enforcement by a third person‘ means a right provided in an easement for conservation to enforce any of the easement’s terms granted to a governmental body, charitable corporation, charitable association or charitable trust who is not a holder of the easement although qualified to be one.