Nevada Revised Statutes > Chapter 370A – Manufacturers of Tobacco Products
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Terms Used In Nevada Revised Statutes > Chapter 370A - Manufacturers of Tobacco Products
- Conveyance: shall be construed to embrace every instrument in writing, except a last will and testament, whatever may be its form, and by whatever name it may be known in law, by which any estate or interest in lands is created, aliened, assigned or surrendered. See Nevada Revised Statutes 111.010
- Grantor: The person who establishes a trust and places property into it.
- Joint tenancy: A form of property ownership in which two or more parties hold an undivided interest in the same property that was conveyed under the same instrument at the same time. A joint tenant can sell his (her) interest but not dispose of it by will. Upon the death of a joint tenant, his (her) undivided interest is distributed among the surviving joint tenants.
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
- Oath: A promise to tell the truth.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Restrictive covenant modification document: means a certified copy of a written instrument which redacts from the written instrument any language identified in a court order issued pursuant to Nevada Revised Statutes 111.010
- Restrictive covenant modification form: means the form prescribed by the Real Estate Division of the Department of Business and Industry pursuant to Nevada Revised Statutes 111.010
- Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.