Nevada Homestead Exemption 2026
Protect up to $605,000 of home equity when filing bankruptcy in Nevada
$605,000
Homestead Exemption
Opt-Out
State Exemptions Only
Auto + Recorded
Declaration Types
Nevada Homestead Exemption Amount
Nevada's homestead exemption protects up to $605,000 of equity in your primary residence. This makes Nevada one of the most generous homestead exemption states in the country. The exemption applies to:
- Single-family homes, condos, townhouses, and mobile homes
- Property you own and occupy as your primary residence
- Equity up to the exemption amount (home value minus mortgage balance minus liens)
Automatic vs. Recorded Homestead Declaration
Nevada provides two types of homestead protection:
| Type | Protection | How to Claim |
|---|
| Automatic | Protects up to $605,000 against most creditor judgments | No filing needed -- applies automatically to your primary residence |
| Recorded Declaration | Provides additional protection against pre-existing judgments | File a homestead declaration with the county recorder's office |
Best Practice: Even though the automatic homestead applies without filing, you should record a homestead declaration with your county recorder for maximum protection. The filing fee is typically $30-50, and it strengthens your position against creditors who obtained judgments before you filed bankruptcy.
Key Rules for the Nevada Homestead Exemption in Bankruptcy
- Opt-out state: Nevada debtors must use state exemptions. Federal exemptions under Section 522(d) are not available.
- Domicile requirement: You must have been domiciled in Nevada for at least 730 days (2 years) before filing. If not, the $189,050 federal cap from Section 522(p) may apply.
- One property only: The exemption applies to one primary residence -- not investment property or second homes.
- Married couples: Each spouse may claim the full exemption on jointly-owned property.
- No federal option: Under NRS 21.090, Nevada has opted out of the federal exemption system.
How Nevada Compares to Neighboring States
| State | Homestead Exemption | Federal Option? |
|---|
| Nevada | $605,000 | No |
| California | $300,000-$600,000 (median price) | Yes (System 1) |
| Arizona | $250,000 | No |
| Utah | $44,700 individual / $89,400 couple | No |
| Idaho | $175,000 | No |
| Oregon | $40,000 / $50,000 | No |
Related Resources
Full Nevada Bankruptcy Guide | Homestead Exemptions by State | Opt-Out States | Automatic Stay Guide