Nev. Rev. Stat. § 159.142
Sale of interest of protected person in real property owned jointly with one or more persons
Nevada · Nevada Revised Statutes Chapter 159 — Guardianship of Adults · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 159.142, Sale of interest of protected person in real property owned jointly with one or more persons, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2085641
- Permanent ID
ys:prov:2085641@1- SHA-256
8d75e380d0bb9f28d1c59164c90ff0859c13a03be34e58331c46281b523d66f1
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. If a protected person owns real property jointly with one or more other persons, after the court grants authority to sell the property, the interest owned by the protected person may be sold to one or more joint owners of the property only if:
(a) All joint owners of the property have been given notice that the court has granted the authority to sell the property;
(b) The guardian files a petition with the court to confirm the sale pursuant to NRS 159.134; and
(c) The court confirms the sale.
2. The court shall confirm the sale only if:
(a) The net amount of the proceeds from the sale to the estate of the protected person is not less than 90 percent of the fair market value of the portion of the property to be sold; and
(b) Upon confirmation, the estate of the protected person will be released from all liability for any mortgage or lien on the property.