Henderson Office: 702.433.4455
Las Vegas Office: 702.254.4455
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Homestead Exemption

Homestead Exemption Lawyers in Las Vegas

Nevada law provides that upon a homeowner's filing of a Homestead Declaration form with the County Recorder, the equity in a person's principal residence (including a mobile home) is protected from general creditor claims such as unpaid medical bills, charge card debts, business/personal loans, and accidents up to a maximum of $605,000.00. The Homestead is thereby exempt from the final process of any court or any forced sale or seizure by general creditors up to such maximum statutory amount.

An individual may only claim one residence as his or her Homestead, and the Homestead Declaration may be filed at any time before a sheriff's sale. The Homestead exemption does not exceed $605,000.00, even if both spouses are owners of the residence, and both file a Homestead Declaration. The Homestead exemption remains in effect if the property is conveyed into a revocable trust for the benefit of the person or persons who filed the Homestead Declaration. The Homestead exemption does not protect home equity from child support or alimony obligations, taxes, IRS liens, repayment of benefits, and mechanic's liens and debts secured by a mortgage or deed of trust on the home.

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Henderson Office
702.718.3558
2600 Paseo Verde Parkway, Suite 200
Henderson, NV 89074
Las Vegas Office
702.935.2996
10000 W. Charleston Blvd., Suite 100
Las Vegas, NV 89135

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Henderson Office
2600 Paseo Verde Parkway, Suite 200
Henderson, NV 89074
Phone: 702.433.4455
Fax: 702.451.1853
Las Vegas Office
10000 W. Charleston Blvd., Suite 100
Las Vegas, NV 89135
Phone: 702.254.4455
Fax: 702.254.3330
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