Proceeds from sale of homestead only exempt from execution if reinvested in another property that is identified and taken possession of within certain periods.
Nev. Rev. Stat. § 115.055
in effectNotwithstanding any other provision of law, the proceeds of $605,000 from the sale of a homestead pursuant to subsection 2 or 3 of NRS 115.050 are only exempt from execution if:
1. Such proceeds are reinvested in another property of like kind for which the declaration of a homestead will be made; and
2. The other property is:
(a) Identified not later than 45 days after the sale of the homestead; and
(b) Taken possession of not later than 180 days after the sale of the homestead.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-115.htmlFetched: 10/4/2026