Nevada § 482.247 - Certificate of title in beneficiary form: Request; application; fee; restriction upon issuance; contents; signatures and transactions; interest; duties of Department

§ 482.247. Certificate of title in beneficiary form: Request; application; fee; restriction upon issuance; contents; signatures and transactions; interest; duties of Department

1. The owner or joint owners of a motor vehicle, trailer or semitrailer may request

the Department to issue a certificate of title in beneficiary form for the motor vehicle,

trailer or semitrailer, as applicable, which includes a directive to the Department

to transfer the certificate of title upon the death of the owner or upon the death

of all joint owners to a beneficiary named on the face of the certificate of title. 2. A request made pursuant to subsection 1 must be submitted on an application made

available by the Department and accompanied by the fee for the issuance of a certificate

of title. 3. A certificate of title in beneficiary form may not be issued to a person who holds

an interest in a motor vehicle, trailer or semitrailer as a tenant in common with

another person. 4. A certificate of title in beneficiary form must include after the name of the owner

or after the names of joint owners the words “transfer on death to” or the abbreviation

“TOD” followed by the name of the beneficiary. 5. During the lifetime of a sole owner or before the death of the last surviving joint

owner: (a) The signature or consent of the beneficiary is not required for any transaction

relating to a motor vehicle, trailer or semitrailer for which a certificate of title

in beneficiary form has been issued; and (b) The certificate of title in beneficiary form may be revoked or the beneficiary

changed at any time by: (1) Sale of the motor vehicle, trailer or semitrailer with proper assignment and delivery

of the certificate of title to another person; or (2) Filing an application with, and paying a fee to, the Department to reissue the

certificate of title with no designation of a beneficiary or with the designation

of a different beneficiary. 6. The interest of the beneficiary in a motor vehicle, trailer or semitrailer on the

death of the sole owner or on the death of the last surviving joint owner is subject

to any contract of sale, assignment or ownership or security interest to which the

owner or owners of the motor vehicle, trailer or semitrailer were subject during their

lifetime. 7. Except as otherwise provided in paragraph (b) of subsection 5, the designation

of a beneficiary in a certificate of title in beneficiary form may not be changed

or revoked by will, any other instrument or a change in circumstances, or otherwise

changed or revoked. 8. The Department shall, upon: (a) Proof of death of one of the owners, of two or more joint owners or of a sole

owner; (b) Surrender of the outstanding certificate of title in beneficiary form; and (c) Application and payment of the fee for a certificate of title, issue a new certificate of title for the motor vehicle, trailer or semitrailer to

the surviving owner or owners or, if none, to the beneficiary, subject to any security

interest. 9. For the purposes of complying with the provisions of subsection 8, the Department

may rely on a death certificate, record or report that constitutes prima facie evidence

of death. 10. The transfer on death of a motor vehicle, trailer or semitrailer pursuant to this

section is not considered as testamentary and is not subject to administration pursuant

to the provisions of title 12 of NRS. 11. As used in this section: (a) “ Beneficiary ” means a person or persons designated to become the owner or owners of a motor vehicle,

trailer or semitrailer on the death of the preceding owner or owners. (b) “ Certificate of title in beneficiary form ” means a certificate of title of a motor vehicle, trailer or semitrailer that indicates

the present owner or owners of the motor vehicle, trailer or semitrailer and designates

a beneficiary.