Nevada Homestead Declaration: Protect Your Home Equity

For many, a home is the most significant investment they will make in their lives, and they want to be sure that their investment is protected. In Nevada, homeowners can register a Declaration of Homestead, which helps to protect some of the equity they have put into their homes. With a Declaration of Homestead, up to $550,000 at the time of time of publication, of the equity in your home is protected from creditor claims. Creditor claims may arise from unpaid bills, bankruptcy or other debts. A Declaration of Homestead, though, does not protect your house from foreclosure in case of an unpaid mortgage or from tax liens.

Step 1

Download and print a Declaration of Homestead form from the Nevada Real Estate Division forms page (see Resources).

Step 2

Get a copy of your home's recorded deed, which contains information that you need to complete the Homestead Declaration form. If you do not have a copy of your recorded deed, contact your county office to get one.

Step 3

Complete the homestead declaration form. Include your parcel number and legal description of your home, both of which you can find on your recorded deed. Also, include your own name, address and information on your marital status. In the "Name on Title Property" section of the form, be sure to include your name and the name(s) of any other owner(s) of the property, exactly as they appear on the recorded deed. You must also declare that you are the current resident of the home.

Step 4

Bring the form to a notary, sign it in his presence and have him sign, date and stamp it.

Step 5

Submit your declaration form to your county office. Contact the office to get information on any required processing fees and the address to which you should send your completed form. Find county clerk contact information on the Nevada Secretary of State's website (see Resources).