Nevada homeowners should embrace the protections Nevada Homestead Law offers and protect their equity. The Nevada Homestead Law is designed to protect homeowners from entirely losing the equity of their homes. Generally, a homeowner may claim homestead protection for their primary residence, the home where they reside, and this has been defined as a Homestead. A Homestead may be a house, including the land or lot it sits on, an apartment, a condo, townhome, mobile home, etc.
Force Majeure Clause