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Home » US Law » 2022 Nevada Revised Statutes » TITLE 34—EDUCATION » Chapter 393 - School Property » SALE, LEASE OR RENTAL OF REAL PROPERTY BELONGING TO A SCHOOL DISTRICT

NRS 393.220 – Power of trustees.

1. When the board of trustees of a school district determines that the sale, rental or lease of real property belonging to the school district is necessary or for the best interests of the school district, the board shall have the power to sell, rent or lease such real property, whether acquired by purchase, dedication […]

NRS 393.240 – Appointment, report and compensation of appraisers; exceptions.

1. Except as otherwise provided in this section and NRS 393.3251 to 393.3255, inclusive, if the board of trustees proposes to sell or lease any real property, the board shall appoint one appraiser. A second appraiser must be appointed by the Superintendent of Public Instruction. 2. The appraisers shall make a report to the board […]

NRS 393.245 – Procedure for sale or lease of real property to bidder or through licensed real estate broker; terms of payment; board of trustees authorized to enter into brokerage agreement to list house or other structure built by pupils.

1. The board of trustees may sell or lease real property: (a) To a responsible bidder in the manner provided by NRS 393.250 to 393.300, inclusive; or (b) Through a licensed real estate broker. Except as otherwise provided in subsection 3, an exclusive listing may not be given. In all listings, the board of trustees […]

NRS 393.247 – Sale of house or other structure built by pupils authorized; requirements for exclusive listing with real estate broker; payment of commission to real estate broker; exemption from certain provisions.

1. The board of trustees may, after complying with any other applicable provision of NRS 393.220 to 393.325, inclusive, sell any house or other structure built by pupils enrolled in a program of instruction offered by a public school in the school district by accepting written proposals for the purchase of the house or structure […]

NRS 393.250 – Adoption and contents of resolution declaring intention to sell or lease property; additional requirements of resolution for sale of house or other structure built by pupils.

1. Before ordering the sale or lease of any property, the board of trustees shall, in an open meeting by a majority vote of the members, adopt a resolution declaring its intention to sell the property, or a resolution declaring its intention to lease it. 2. The resolution must: (a) Describe the property proposed to […]

NRS 393.280 – Oral bids; acceptance of highest oral bid; commission for broker.

Except as otherwise provided in NRS 393.247: 1. Before accepting any written proposal, the board of trustees shall call for oral bids. If, upon the call for oral bidding, any responsible person offers to purchase the property or to lease the property, as the case may be, upon the terms and conditions specified in the […]

NRS 393.290 – Final acceptance.

The final acceptance by the board of trustees may be made: 1. At the same session held pursuant to the provisions of NRS 393.270; 2. At any adjourned session of the same meeting held within the 10 days next following; or 3. If the board of trustees is selling a house or other structure built […]

NRS 393.310 – Authorization to execute and deliver deed or lease.

Any resolution of acceptance made by the board of trustees of any bid or any sale through an authorized broker shall authorize and direct the president of the board of trustees to execute a deed or lease and to deliver it upon performance and compliance by the purchaser or lessee with all the terms or […]

NRS 393.325 – Lease of school building for community center; conditions.

1. Notwithstanding any of the provisions of NRS 393.220 to 393.320, inclusive, the board of trustees shall have the power to lease any school building not in use at a nominal rental for community center purposes. 2. The following conditions shall apply: (a) The lease must be made with a nonprofit association properly and regularly […]