163.008 - Validity of trust created in relation to real property; recordation.

163.008  Validity of trust created in relation to real property; recordation.

      1.  A trust created in relation to real property is not valid unless it is created by operation of law or is evidenced by:

      (a) A written instrument signed by the trustee, or by the agent of the trustee if the agent is authorized in writing to do so; or

      (b) A written instrument, including, without limitation, an electronic trust, conveying the trust property and signed by the settlor, or by the agent of the settlor if the agent is authorized in writing to do so.

      2.  Such a trust may be recorded in the office of the county recorder in the county where all or a portion of the real property is located.

      (Added to NRS by 1991, 1704; A 2001, 2350)