Nev. Rev. Stat. § 159.1425

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 159.1425 - Notice of sale of real property of protected person: When required; manner of providing; waiver; content

1. Except as otherwise provided in this section and except for a sale pursuant to NRS 159.123 or 159.142, a guardian may sell the real property of a protected person only after the court grants authority for the sale pursuant to NRS 159.113 and notice of the sale is published:

(a) In a newspaper that is published in the county in which the property, or some portion of the property, is located;

(b) If a newspaper is not published in the county in which the property, or some portion of the property, is located:

(1) In a newspaper of general circulation in the county; or

(2) In such other newspaper as the court orders; or

(c) On a public property listing service for a period of not less than 30 days.

2. Except as otherwise provided in this section and except for a sale of real property pursuant to NRS 159.123 or 159.142, the notice of a sale must be published pursuant to paragraph (a) or (b) of subsection 1 not less than three times before the date on which the sale may be made, over a period of 14 days and 7 days apart.

3. For good cause shown, the court may order fewer publications and shorten the time of notice, but must not shorten the time of notice to less than 8 days.

4. The court may waive the requirement of publication pursuant to this section if:

(a) The guardian is the sole devisee or heir of the estate; or

(b) All devisees or heirs of the estate consent to the waiver in writing.

5. Publication for the sale of real property is not required pursuant to this section if the property to be sold is reasonably believed to have a net value of $10,000 or less. In lieu of publication, the guardian shall post notice of the sale in three of the most public places in the county in which the property, or some portion of the property, is located for at least 14 days before the date on or after which an offer will be accepted for a sale.

6. Any notice published or posted pursuant to this section must include, without limitation:

(a) A description of the real property which reasonably identifies the property to be sold; and

(b) The date, time and location on or after which an offer will be accepted.

NRS 159.1425

Added to NRS by 2003, 1761; A 2009, 1661; 2017, 3914

Amended by 2017, Ch. 552,§28, eff. 1/1/2018.

Added to NRS by 2003, 1761; A 2009, 1661