The Declaration of Value form (LGS-F049) is a State of Nevada form that the Washoe County Recorder publishes as a fillable PDF. It reports the parcel numbers, the type of property, the sale price or value, the real property transfer tax and any exemption or property tax abatement claimed, so it touches Washoe County property tax through the abatement on line 2b as well as transfer tax. You can fill out the form online on FillingPDF and download or print the completed PDF; the original is published by the Recorder at washoecounty.gov.
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What is LGS-F049?
The Declaration of Value form is a one-page State of Nevada form, published by the Washoe County Recorder, on which the seller and buyer of real property declare its value, the transfer tax figures and any exemption or abatement they claim, under penalty of perjury.
The form is identified as LGS-F049, version V2025.1. It collects the following:
- Line 1: up to four Assessor Parcel Numbers.
- Line 2a: the type of property, from vacant land and single-family residence to agricultural, mobile home or other.
- Line 2b: a property tax abatement per NRS 361.4723 and 361.4724, marked as owner occupied, residential rental dwelling or other.
- Line 3: total value or sales price, the value in a deed in lieu of foreclosure, the transfer tax value and the real property transfer tax due.
- Line 4: a transfer tax exemption per NRS 375.090, with the section and the reason.
- Line 5: the percentage being transferred when only a partial interest changes hands.
The signature block states that the information is correct to the best of the signers' information and belief and can be supported by documentation if called upon. It also warns that a disallowed exemption or abatement may result in a penalty, and that, under NRS 375.030, buyer and seller are jointly and severally liable for any additional amount owed. The form notes that, as a public record, it may be recorded or microfilmed. A box marked "For Recorder's optional use only" is reserved for the Recorder's notes.
Who needs to file LGS-F049?
The form is built for the two parties to a transfer of real property: the seller (grantor) and the buyer (grantee). Both information blocks are marked REQUIRED, and the signature lines each ask for the signer's capacity.
- Seller and buyer: each enters a printed name, address, city, state and ZIP code.
- Owner (grantee) claiming an abatement: the form notes that if line 2b is not signed by the owner (grantee), the Assessor will mail out a separate form.
- Person or company requesting recording: complete the "Company/Person Requesting Recording" block only if that person or company is neither the seller nor the buyer. The block also has an Escrow # line.
- Parties claiming a transfer tax exemption: complete line 4 with the NRS 375.090 section and the reason.
- Partial transfers: enter the percentage being transferred on line 5.
The form does not describe who may sign on behalf of another party beyond the "Capacity" line next to each signature, so state the capacity in which each signer acts.
When to file LGS-F049
Complete the form when a transfer of real property is being reported: it asks for the total value or sales price, the transfer tax value and the transfer tax due. No separate due date, filing window or renewal period is printed on it. Because the form may be recorded as a public record, gather the parcel numbers, the value figures and any exemption or abatement details before you sign, since the signers declare under penalty of perjury that the information is correct and can be supported by documentation.
How to fill out LGS-F049
List the Assessor Parcel Numbers
On line 1, enter each Assessor Parcel Number on lines a through d. Use only as many lines as you have parcels.
Select the type of property
On line 2a, choose the box that matches the property: vacant land, single-family residence, condo, 2-4 plex, apartment building, commercial/industrial, agricultural or mobile home. Choose i and write the description if it is something else.
Mark any property tax abatement
On line 2b, mark Owner Occupied or Residential Rental Dwelling for an abatement under NRS 361.4723 and 361.4724, or mark Other and describe it. Remember the note that the Assessor mails a separate form if the owner (grantee) has not signed.
Enter the value and transfer tax
On line 3, enter the total value or sales price (3a), the value of the property for a deed in lieu of foreclosure only (3b), the transfer tax value (3c) and the real property transfer tax due (3d).
Claim an exemption if one applies
On line 4a, enter the NRS 375.090 section for a transfer tax exemption, and on line 4b explain the reason. Leave line 4 blank if you claim no exemption.
State the partial interest
On line 5, enter the percentage being transferred if you are transferring only part of the property.
Sign and state your capacity
Read the declaration under penalty of perjury, then sign on the signature lines and enter the capacity in which each person signs.
Complete seller and buyer information
Enter the printed name, address, city, state and ZIP code for the seller (grantor) and the buyer (grantee). Both blocks are marked REQUIRED.
Add the recording requester
If the person or company requesting recording is not the seller or buyer, enter its name, address, city, state, ZIP code and Escrow # in the bottom block.
Review and download the PDF
Check parcel numbers, figures, signatures and both information blocks. Then download or print the completed PDF from FillingPDF and deliver it through the Washoe County Recorder's channels.
How to submit LGS-F049
The form prints no mailing address, portal or appointment rule, so confirm the delivery method with the Washoe County Recorder, which publishes the form at the official URL above. What the form does say about handling:
- Who submits: the "Company/Person Requesting Recording" block is required if the person or company requesting recording is not the seller or buyer, and it includes an Escrow # line.
- Signatures: both signature lines and the seller and buyer information blocks must be completed.
- Public record: the form states that it may be recorded or microfilmed.
- Abatement note: if the owner (grantee) does not sign, the Assessor will mail out a separate form.
FillingPDF lets you fill out and download the PDF; submission follows the agency's channels.
Common mistakes to avoid
- Leaving the seller (grantor) or buyer (grantee) information blocks incomplete; both are marked REQUIRED on the form.
- Signing without stating the capacity on the line next to each signature.
- Claiming an exemption on line 4 without the NRS 375.090 section and an explanation of the reason.
- Entering a partial-interest percentage on line 5 that does not match the interest actually being transferred.
- Claiming a property tax abatement on line 2b without the owner (grantee) signing; the Assessor will then mail out a separate form.
- Overlooking the "Company/Person Requesting Recording" block when the person requesting recording is neither seller nor buyer.
- Entering figures that cannot be supported by documentation; the signers declare under penalty of perjury that they can be.
- Filling in the "For Recorder's optional use only" notes box, which is reserved for the Recorder.
Frequently asked questions
What is the Washoe County Declaration of Value form?
It is form LGS-F049, a State of Nevada Declaration of Value form published by the Washoe County Recorder. Seller and buyer use it to declare parcel numbers, property type, value, transfer tax figures, any exemption or abatement and the percentage transferred, under penalty of perjury.
Does the Declaration of Value form relate to Washoe County property tax?
Partly. Line 2b records a property tax abatement under NRS 361.4723 and 361.4724 (owner occupied or residential rental dwelling), and line 3 reports the real property transfer tax. Questions about the amounts go to the Washoe County Recorder or Assessor.
Who has to sign the Declaration of Value form?
The form has two signature lines, each with a Capacity line, and both the seller (grantor) and buyer (grantee) information blocks are required. For a property tax abatement, the form notes that the Assessor mails a separate form if the owner (grantee) has not signed.
What goes on line 4 if I claim an exemption?
Enter the transfer tax exemption section under NRS 375.090 on line 4a and explain the reason on line 4b. If you claim no exemption, leave line 4 blank. The form warns that a disallowed exemption may result in a penalty.
What happens if the information on the form is wrong?
The signers declare under penalty of perjury that the form is correct and can be supported by documentation. The form states that a disallowed exemption or abatement, or additional tax due, may result in a penalty, and that buyer and seller are jointly and severally liable under NRS 375.030.
Do I fill out the recording block at the bottom?
Only if the person or company requesting recording is neither the seller nor the buyer. The form marks that block as required in that case and asks for a name, address, city, state, ZIP code and Escrow #.
Can I fill out the Declaration of Value form online?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service, not the Washoe County Recorder, and does not file or record the form; delivery follows the Recorder's channels.
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