North Las Vegas is located in Clark County, Nevada. Nevada imposes a Real Property Transfer Tax (RPTT) of $1.95 per $500 (state portion, 0.39%) plus a Clark County additional tax of $0.60 per $500 (0.12%), for a combined rate of $2.55 per $500 (0.51%) of the purchase price. The tax is collected by the Clark County Recorder at the time of deed recording.
In North Las Vegas and throughout Nevada, the Real Property Transfer Tax is customarily paid by the seller (grantor) at closing. This obligation may be negotiated in the purchase contract. Buyers and sellers should confirm payment responsibilities with their real estate attorney, title company, or escrow agent.
Certain North Las Vegas real estate transactions may be exempt from Nevada's Real Property Transfer Tax. Common exemptions include transfers with no monetary consideration, transfers to qualifying governmental entities, transfers between spouses or domestic partners, and certain foreclosure-related transfers. Consult a Nevada real estate attorney to determine whether your transaction qualifies for an exemption.