Nevada Revised Statutes > Chapter 681B > Valuation of Assets
Current as of: 2023 | Check for updates
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Other versions
| § 681B.105 | Valuation of bonds |
| § 681B.106 | Valuation of other securities |
| § 681B.108 | Valuation of property |
| § 681B.109 | Valuation of purchase money mortgages |
Terms Used In Nevada Revised Statutes > Chapter 681B > Valuation of Assets
- Appraisal: A determination of property value.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.