If Alan leased to Bruce for 20 years and Alan passed away leaving no heirs, what is the ownership and lease status?

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In the scenario where Alan leased property to Bruce for 20 years and subsequently passed away without leaving any heirs, the lease does not terminate automatically upon Alan's death. Under Nevada law, a leasehold interest typically survives the death of the lessor (the property owner). Therefore, Bruce would continue to enjoy the rights granted by the lease, and the property would pass to the state, but it remains subject to the existing lease agreement that Alan had with Bruce.

As a result, the lease would be valid and enforceable despite Alan's passing, which means Bruce retains his rights to occupy and use the property as specified in the lease. The state becoming the owner of the property does not affect the validity of the lease that Bruce holds, which is why the ownership transfers to the state subject to the terms of the lease agreement. In essence, Bruce remains a lessee with rights recognized even after the lessor's death, making this answer the most accurate reflection of the law regarding leases and property ownership in Nevada.

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