NRS 143.540
Grant of exclusive right to sell property.


1.

The personal representative who has limited authority or full authority has the following powers:

(a)

The power to grant an exclusive right to sell property for a period not to exceed 90 days.

(b)

The power to grant to the same broker one or more extensions of an exclusive right to sell property, each extension being for a period not to exceed 90 days.

2.

Except as otherwise provided in subsection 3, the personal representative may exercise the powers described in subsection 1 without giving notice of the proposed action pursuant to NRS 143.700 to 143.760, inclusive.

3.

The personal representative shall give notice of a proposed action pursuant to NRS 143.700 to 143.760, inclusive, where the personal representative grants to the same broker an extension of an exclusive right to sell property and the period of the extension, together with the periods of the original exclusive right to sell the property and any previous extensions of that right, is more than 270 days.
Powers Exercisable Without Giving Notice of Proposed Action

Source: Section 143.540 — Grant of exclusive right to sell property., https://www.­leg.­state.­nv.­us/NRS/NRS-143.­html#NRS143Sec540.

Last Updated

Feb. 5, 2021

§ 143.540’s source at nv​.us