This brief summary of the Nevada Homestead Law will be of assistance to you. If you need a homestead declaration form, you may download one from this Web page.A homestead exemption reduces the amount of property taxes homeowners owe on their legal residence. Homestead exemption cannot be claimed on rental property. State law provides for only one homestead exemption per immediate family group (husband and wife). So, a homestead exemption is a legal provision designed to protect the value in a principal dwelling place. The proposed amendment authorized the state legislature to implement a statewide local-option homestead exemption from ad valorem taxes.

Georgia Homestead Exemption Explained In Nevada

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