Nevada Revised Statutes 159.1425 – Notice of sale of real property of protected person: When required; manner of providing; waiver; content
1. Except as otherwise provided in this section and except for a sale pursuant to NRS 159.123 or 159.142, a guardian may sell the real property of a protected person only after the court grants authority for the sale pursuant to NRS 159.113 and notice of the sale is published:
Terms Used In Nevada Revised Statutes 159.1425
- county: includes Carson City. See Nevada Revised Statutes 0.033
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(a) In a newspaper that is published in the county in which the property, or some portion of the property, is located;
(b) If a newspaper is not published in the county in which the property, or some portion of the property, is located:
(1) In a newspaper of general circulation in the county; or
(2) In such other newspaper as the court orders; or
(c) On a public property listing service for a period of not less than 30 days.
2. Except as otherwise provided in this section and except for a sale of real property pursuant to NRS 159.123 or 159.142, the notice of a sale must be published pursuant to paragraph (a) or (b) of subsection 1 not less than three times before the date on which the sale may be made, over a period of 14 days and 7 days apart.
3. For good cause shown, the court may order fewer publications and shorten the time of notice, but must not shorten the time of notice to less than 8 days.
4. The court may waive the requirement of publication pursuant to this section if:
(a) The guardian is the sole devisee or heir of the estate; or
(b) All devisees or heirs of the estate consent to the waiver in writing.
5. Publication for the sale of real property is not required pursuant to this section if the property to be sold is reasonably believed to have a net value of $10,000 or less. In lieu of publication, the guardian shall post notice of the sale in three of the most public places in the county in which the property, or some portion of the property, is located for at least 14 days before the date on or after which an offer will be accepted for a sale.
6. Any notice published or posted pursuant to this section must include, without limitation:
(a) A description of the real property which reasonably identifies the property to be sold; and
(b) The date, time and location on or after which an offer will be accepted.