NRS 159A.1455 – Confirmation by court of sale of real property of guardianship estate.
1. Except as otherwise provided in subsection 2, the court shall not confirm a sale of real property of a guardianship estate unless: (a) The court is satisfied that the amount offered represents the fair market value of the property to be sold; and (b) Except for a sale of real property pursuant to NRS […]
NRS 159A.146 – Hearing to confirm sale of real property: Considerations; conditions for confirmation; actions of court if sale is not confirmed; continuance; circumstances in which sale is confirmed without bidding.
1. At the hearing to confirm the sale of real property, the court shall: (a) Consider whether the sale is necessary or in the best interest of the estate of the protected minor; and (b) Examine the return on the investment and the evidence submitted in relation to the sale. 2. The court shall confirm […]
NRS 159A.1465 – Conveyance of real property of guardianship estate to purchaser upon confirmation of sale by court.
1. If the court confirms a sale of real property of a guardianship estate, the guardian shall execute a conveyance of the property to the purchaser. 2. The conveyance must include a reference to the court order confirming the sale, and a certified copy of the court order must be recorded in the office of […]
NRS 159A.1475 – Sale of real property made upon credit.
1. If a sale of real property is made upon credit, the guardian shall take: (a) The note or notes of the purchaser for the unpaid portion of the sale; and (b) A mortgage on the property to secure the payment of the notes. 2. The mortgage may contain a provision for release of any […]
NRS 159A.148 – Neglect or refusal of purchaser of real property to comply with terms of sale.
1. After confirmation of the sale of real property, if the purchaser neglects or refuses to comply with the terms of the sale, the court may set aside the order of confirmation and order the property to be resold: (a) On motion of the guardian; and (b) After notice is given to the purchaser. 2. […]
NRS 159A.1495 – Fraudulent sale of real property of protected minor by guardian.
A guardian who fraudulently sells any real property of a protected minor in a manner inconsistent with the provisions of this chapter is liable for double the value of the property sold, as liquidated damages, to be recovered in an action by or on behalf of the protected minor. (Added to NRS by 2017, 850)
NRS 159A.1505 – Periods of limitation for actions to recover or set aside sale of real property.
The periods of limitation prescribed in NRS 11.260 apply to all actions: 1. For the recovery of real property sold by a guardian in accordance with the provisions of this chapter; and 2. To set aside a sale of real property. (Added to NRS by 2017, 850)
NRS 159A.1375 – Sale of real property of protected minor to holder of mortgage or lien on such property.
At a sale of real property that is subject to a mortgage or lien, the holder of the mortgage or lien may become the purchaser. The receipt for the amount owed to the holder from the proceeds of the sale is a payment pro tanto. (Added to NRS by 2017, 846)
NRS 159A.138 – Sale of equity of estate in real property of protected minor that is subject to mortgage or lien and of property that is subject to mortgage or lien.
1. In the manner required by this chapter for the sale of like property, a guardian may sell: (a) The equity of the estate in any real property that is subject to a mortgage or lien; and (b) The property that is subject to the mortgage or lien. 2. If a claim has been filed […]
NRS 159A.1385 – Contract for sale of real property of protected minor authorized; limitation on commission; liability of guardian and estate.
1. After the court has granted authority to sell real property of a protected minor, a guardian may enter into a written contract with any bona fide agent, broker or multiple agents or brokers to secure a purchaser for such property. Such a contract may grant an exclusive right to sell the property to the […]