NRS 159.0865
Certification of appraiser, certified public accountant or expert in valuation

  • form of appraisal or valuation
  • purchase by appraiser, certified public accountant or expert in valuation without disclosure prohibited
  • penalties.

1.

Before appraising or valuing any asset of the guardianship estate, each appraiser, certified public accountant or expert in valuation shall certify that the appraiser, accountant or expert will truthfully, honestly and impartially appraise or value the property according to the best of his or her knowledge and ability. The certification must be included in the appraisal or valuation and filed with the court.

2.

The appraisal or valuation must list each asset that has a value of more than $100 separately with a statement of the value of the asset opposite the asset.

3.

An appraiser, certified public accountant or expert in valuation who performs an appraisal or valuation of a guardianship estate is entitled to reasonable compensation for the appraisal or valuation and may be paid by the guardian out of the estate at any time after the appraisal or valuation is completed.

4.

An appraiser, certified public accountant or expert in valuation who directly or indirectly purchases any asset of an estate without full disclosure to and approval by the court is guilty of a misdemeanor. A sale made in violation of the provisions of this subsection is void, and the asset sold may be recovered by the guardian, protected person or proposed protected person.

Source: Section 159.0865 — Certification of appraiser, certified public accountant or expert in valuation; form of appraisal or valuation; purchase by appraiser, certified public accountant or expert in valuation without disclosure prohibited; penalties., https://www.­leg.­state.­nv.­us/NRS/NRS-159.­html#NRS159Sec0865 (accessed May 26, 2025).

159.077
General functions of guardian of person and estate. 159.078
Petition by guardian or other interested person for order authorizing or directing guardian to take certain actions. 159.079
General functions of guardian of person 159.081
Reports by guardian of person 159.083
General functions of guardian of estate. 159.085
Inventory, supplemental inventory and appraisal of property of protected person. 159.086
Guardian of estate to cause appraisal or valuation of assets of guardianship estate 159.087
Recording letters of guardianship. 159.089
Possession of and title to property of protected person 159.091
Discovery of debts or property. 159.093
Collecting obligations due protected person. 159.095
Representing protected person in legal proceedings. 159.097
Voidable contracts and transactions of protected person. 159.099
Liability of guardian of estate on contracts for protected person. 159.101
Exercising rights under stock ownership of protected person. 159.103
Claims against estate of protected person. 159.105
Payment of claims of guardian and claims arising from contracts of guardian 159.107
Presentment and verification of claims. 159.109
Examination and allowance or rejection of claims by guardian. 159.111
Recourse of claimant when claim rejected or not acted upon. 159.112
Authorized actions by guardian of the person if guardian of the estate has not been appointed 159.0795
Supervisory authority and powers of special guardian. 159.0801
Special guardian of person of limited capacity: Approval of court generally required before commencing act relating to person 159.0805
Approval of court required before guardian may consent to certain treatment of or experiment on protected person 159.0806
Approval of court required before guardian may consent to sterilization of protected person 159.0807
Moving location of protected person: Filing and service of notice of intent to move 159.0809
Notification to interested persons and persons of natural affection required upon impending death or death of protected person or obtaining information concerning burial or cremation of protected person. 159.0865
Certification of appraiser, certified public accountant or expert in valuation 159.0893
Access to account or other assets of protected person. 159.0895
Assets retained to pay expenses of funeral and disposal of remains of protected person: Amount exempt from all claims

May 26, 2025

§ 159.0865. Certification of appraiser, certified public accountant or expert in valuation's source at nv​.us