Escrow & Title
What is a 'lien search' in a Nevada transaction and what does it typically include?
AAn inspector's search for concealed structural defects
BA search of public records to identify all liens and encumbrances against a property — typically includes mortgages, judgment liens, tax liens, HOA assessment liens, mechanic's liens, and utility liens✓ Correct
CA search conducted by NRED for license violations involving the property
DA physical search of the property for undisclosed improvements
Explanation
A lien search is part of the title search process. In Nevada, it covers: deeds of trust/mortgages, recorded judgment liens, property tax delinquencies (county treasurer), HOA assessment liens, mechanic's liens, federal and state tax liens, and utility assessment liens. Clearing liens before closing is essential — buyers take title subject to any liens not paid off and recorded releases. The title company typically coordinates payoff demands and recording of releases at closing.
Related Nevada Escrow & Title Questions
- What is a 'preliminary title report' (prelim) in a Nevada transaction?
- What is a subordinate lien in Nevada real estate?
- What is 'constructive notice' in Nevada real estate law?
- What is the 'homestead exemption' from property tax in Nevada and how does it differ from the Homestead Declaration?
- Escrow instructions in a Nevada real estate transaction:
- What is an involuntary lien versus a voluntary lien in Nevada real estate?
- What is a 'subordination clause' in a Nevada commercial lease?
- In Nevada, which document transfers title of real property from seller to buyer at closing?
Practice More Nevada Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Nevada Quiz →