Nev. Rev. Stat. § 39.695
Report of open-market sale
Nevada · Nevada Revised Statutes Chapter 39 — Partition of Real Property and Mining Claims · Status: effective
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- Citation
- Nev. Rev. Stat. § 39.695, Report of open-market sale, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2073249
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Full text
1. Unless required to do so within a shorter time by NRS 39.010 to 39.490, inclusive, a broker appointed under subsection 2 of NRS 39.690 to offer heirs property for open-market sale shall file a report not later than 7 days after receiving an offer to purchase the property for at least the value determined under NRS 39.670 or 39.690.
2. The report required by subsection 1 must contain the following information:
(a) A description of the property to be sold to each buyer;
(b) The name of each buyer;
(c) The proposed purchase price;
(d) The terms and conditions of the proposed sale, including, without limitation, the terms of any owner financing;
(e) The amounts to be paid to lienholders;
(f) A statement of contractual or other arrangements or conditions of the broker’s commission; and
(g) Other material facts relevant to the sale.