NRS 159.142
Sale of interest of protected person in real property owned jointly with one or more persons.

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.

Source: Section 159.142 — Sale of interest of protected person in real property owned jointly with one or more persons., https://www.­leg.­state.­nv.­us/NRS/NRS-159.­html#NRS159Sec142.

159.134
Selling real property of protected person. 159.136
Order requiring guardian to sell real property of estate. 159.138
Sale of equity of estate in real property of protected person that is subject to mortgage or lien and of property that is subject to mortgage or lien. 159.142
Sale of interest of protected person in real property owned jointly with one or more persons. 159.144
Sale of real property of guardianship estate: Requirements for establishing date 159.146
Hearing to confirm sale of real property: Considerations 159.148
Neglect or refusal of purchaser of real property to comply with terms of sale. 159.1365
Application of money from sale of real property of protected person that is subject to mortgage or other lien. 159.1375
Sale of real property of protected person to holder of mortgage or lien on such property. 159.1385
Contract for sale of real property of protected person authorized 159.1415
Presentation of offer to purchase real property to court for confirmation 159.1425
Notice of sale of real property of protected person: When required 159.1435
Public auction for sale of real property: Where held 159.1455
Confirmation by court of sale of real property of guardianship estate. 159.1465
Conveyance of real property of guardianship estate to purchaser upon confirmation of sale by court. 159.1475
Sale of real property made upon credit. 159.1495
Fraudulent sale of real property of protected person by guardian. 159.1505
Periods of limitation for actions to recover or set aside sale of real property.
Last Updated

Feb. 5, 2021

§ 159.142’s source at nv​.us