How Do I Homestead My House in Fernley, Nevada?
The city of Fernley is located in Lyon County, Nevada. Homesteading your property allows your asset to be protected from forced sale, particularly claimants to bankruptcy. However, it does not exempt your property from sale in order to pay taxes. The state of Nevada increased the amount of protection by $200,000 dollars beginning in 2007, increasing the total amount of protection to $550,000. A homestead declaration must be recorded. Rental properties are not able to be homesteaded in the state of Nevada. Property that is eligible for homestead in the state of Nevada includes: mobile homes, property/land with a dwelling on it or a condominium. Find your home’s assessor parcel number. Each property has an address; however, the address is not the assessor parcel number. The number that the Assessor’s office has for your property is the legal number assigned to each track of land. The number identifies the land and plat. Obtain the number by accessing the Assessor’s web page through the O
