Unclaimed Property in Nevada Laws and Regulations

Learn how to find property with state of NV unclaimed property laws and regulations

Unclaimed property in Nevada laws and regulations are based partially on the common law of property. This generally means that unclaimed property is property which has left the rightful owner’s possession without directly entering another owner’s possession.

The disposition of Nevada state unclaimed property depends on the specific circumstances under which it is found. There are three types of unclaimed property:

1. Lost property is found in a location where the owner did not intend to leave it and is not likely to find it. The finder of state of Nevada unclaimed property is entitled to possession against everyone but the true owner. One exception to this rule occurs when a trespasser finds lost property while on private land.
2. Mislaid property is found in a location where the owner did intend to leave it and simply forgot to pick it up. Mislaid property must be returned to the owner.
3. Abandoned property in Nevada is found in a place where the owner intended to leave it. However, the condition of the property is such that it is unlikely that the true owner intends to reclaim it. Abandoned property belongs to the finder.
   

 

Learn about the laws regarding the owners of NV state unclaimed property

Laws on unclaimed property are frequently used to determine the circumstances under which property must be returned to the owner. Unclaimed property laws and regulations are a resource for owners who wish to locate their unclaimed property. Contact the Nevada Department of the Treasury to locate your own property.
Try: The National Conference of Commissioners on Uniform State Laws provides information about the Uniform Unclaimed Property Act of 1995, which regulates the return of unclaimed property to the true owner in Nevada. The Nevada Office of the State Treasurer provides the forms and instructions for owners to locate their property.

Examine laws on holders of unclaimed property in NV

Unclaimed property laws describe the requirements for holders of unclaimed property to return the property to the rightful owner. They can determine when ownership of the unclaimed property passes to the holder.
Try: Title 120A of the Nevada Revised Statutes issued by the Nevada Legislature provides the rights and obligations of unclaimed property holders in Nevada. Anthem provides its obligations as a holder of unclaimed checks from its customers.

Review Nevada unclaimed property law for finders

Unclaimed property laws for finders address procedures for how finders charge owners for locating, delivering, recovering or assisting in the recovery of their unclaimed property. Unclaimed property laws for finders may also cover the rights of the state to recover compensation for unclaimed property.
Try: The Municipal Code for the City of Elko specifies the rights of finders of unclaimed property. US Landlord lists the Nevada Landlord and Tenant Act, which lists the rights of landlords who find abandoned property in apartments.

 

• The Uniform Unclaimed Property Act is a key piece of federal legislation that affects Nevada unclaimed property law. The Act seeks to address the problems of unclaimed property that arise from its origins in English common law. The National Conference of Commissioners on Uniform State Laws first drafted the Uniform Unclaimed Property Act in 1981 and last revised it in 1995.

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