NRS 692A.210 – Waiver of right to purchase owner’s title insurance upon issuance of policy to mortgagee; form of notice and waiver.

1. A title insurer or title agent who issues a policy of mortgagee’s title insurance upon a loan which is made simultaneously with the purchase of all or part of the real property which secures the loan, where no owner’s title insurance has been ordered shall, before the disbursement of loan proceeds or the issuance […]

NRS 692A.220 – Search and examination and determination of insurability of title required; retention of records.

1. No policy or contract of title insurance may be completed or executed until the title insurer has or has caused to be: (a) Conducted a reasonable search and examination of the title; and (b) Determined the insurability of the title in accordance with its established underwriting practices. 2. Each title insurer shall maintain records […]

NRS 692A.225 – Closing protection letter: Title insurer authorized to provide; indemnification against certain losses; fee; providing indemnification against certain losses by other means prohibited.

1. A title insurer may provide a closing protection letter to any person or entity who is a party to a real estate transaction in which a policy of title insurance has been or will be issued by or on behalf of the insurer. 2. A closing protection letter provided by a title insurer pursuant […]

NRS 692A.230 – Title plant companies.

[Replaced in revision by NRS 692A.1039.]

NRS 692A.240 – License as title insurer, title agent, escrow officer, escrow agent or escrow agency required to engage in business of administering escrows.

It is unlawful for any person to engage in or carry on, or hold himself or herself out as engaging in or carrying on, the business of administering escrows without first obtaining a license as a title insurer, title agent or escrow officer issued pursuant to this title or as an escrow agent or escrow […]

NRS 692A.250 – Money deposited in escrow: Exemption from execution; designation; permissible depository; regulations defining “commingling” and prescribing business practices.

1. Money deposited in escrow is not subject to execution or attachment on any claim against the title insurer, title agent or escrow officer. 2. A title insurer, title agent or escrow officer shall not knowingly keep or cause to be kept any money in any bank, credit union or other financial institution under any […]

NRS 692A.255 – Money deposited in escrow: Requirements for disbursement; disbursement on same business day allowed for certain forms of deposit; compliance with federal laws and regulations.

1. A title insurer, title agent or escrow officer shall not disburse money from an escrow account unless deposits which are at least equal in value to the proposed disbursements and which relate directly to the transaction for which the money is to be disbursed have been received. 2. A title insurer, title agent or […]

NRS 692A.260 – Records of escrow transactions and financial condition; making and filing of statement of business.

Each title insurer and title agent shall keep at all times in his or her principal place of business or branch office complete and suitable records of all escrow transactions made by him or her, together with books, papers and data clearly reflecting the financial condition of his or her business. Each title insurer and […]

NRS 692A.270 – Applicability of other provisions to title insurers, title agents and escrow officers.

The provisions of NRS 683A.321, 683A.331, 683A.341, 683A.400, 683A.451 to 683A.490, inclusive, and 683A.520 apply to title insurers, title agents and escrow officers. (Added to NRS by 1985, 1825; A 1991, 1860; 2001, 2228; 2007, 3328)