NetXMS is running node status poll every minute. If node stops responding SYS_NODE_DOWN event should be generated (the other option is SYS_NODE_UNREACHABLE - if NetXMS detects that loss of communication is due to some other node). So if you need notifications, notification actions in EPP should be configured for these events.
You can check Event Log on a node to see what events were actually generated.
You can check Event Log on a node to see what events were actually generated.