NRS 39.270
Sales

  • notice.

1.

All sales of real property under this chapter must be made by public auction or by private sale. The sale must be made to the highest bidder, upon notice published in the manner required by subsections 2 and 3. The notice must state terms of sale, and if the property or any part of it is to be sold subject to a prior estate, charge or lien, that must be stated in the notice.

2.

Notice of a public auction or a private sale must be posted for 20 consecutive days, in three public places of the township or city in which the property is situated and at the location where the property is to be sold. The notice must also be given by publishing a copy once each week for 3 consecutive weeks in a newspaper of general circulation, if there is one in the county. The cost of publication may not exceed the rate for legal advertising provided in NRS 238.070. If the newspaper neglects or refuses to make the publication, then posting of the notices is sufficient notice.

3.

In case of a private sale, the notice must state a place where bids or offers will be received and a day on or after which the sale will be made. The sale must be made within 1 year after that date.

Source: Section 39.270 — Sales; notice., https://www.­leg.­state.­nv.­us/NRS/NRS-039.­html#NRS039Sec270.

39.010
Actions for partition of real property 39.020
Interests of all parties must be set forth in complaint. 39.030
Lienholders not of record need not be made parties. 39.040
Plaintiff must record notice of pending litigation immediately after complaint is filed. 39.050
Summons must be directed to all parties interested in property. 39.060
Unknown and absent parties may be served by publication of summons 39.070
Contents of answers. 39.080
Rights of several parties may be determined 39.100
Lienholders must be made parties or master appointed. 39.110
Lienholders must be notified to appear before master. 39.120
Court may order sale or partition. 39.130
Partition in accordance with rights of parties. 39.140
Report of master’s proceedings regarding partition. 39.150
Court may confirm or modify master’s report or appoint new master 39.160
Judgment not to affect tenants for years to whole property. 39.170
Apportionment of expenses. 39.180
Abstract of title 39.190
Making and verification of abstract. 39.200
Interest allowed on disbursements. 39.210
Liens on undivided interests of parties are charges only on shares assigned to those parties. 39.220
Estate for life or years may be set off in part of property not sold when property not all sold. 39.230
Application of proceeds of sale of encumbered property. 39.240
Lien claimant holding other securities may be required to exhaust them first. 39.250
Distribution of proceeds of sale upon direction of court. 39.260
Continuance for determination of claims to proceeds of sales. 39.270
Sales 39.280
Court must direct terms of sale and credit 39.290
Acceptance of securities for purchase money. 39.300
Tenant whose estate has been sold is entitled to receive compensation. 39.310
Court may fix compensation for tenant. 39.320
Court must protect unknown tenants. 39.330
Court must secure value of future interests. 39.340
Terms and manner of sale must be made known. 39.350
Who may not be purchasers. 39.360
Master to make report of sale to court 39.370
Execution of conveyances and taking of securities after sale confirmed. 39.380
Proceeding if party entitled to share or lienholder becomes purchaser. 39.390
Recorded conveyances bar interested persons. 39.400
Proceeds belonging to unknown owner must be invested. 39.410
Investment must be made in name of clerk. 39.420
When interests of parties ascertained, securities must be taken in their names. 39.430
Duties of clerk concerning investments. 39.440
When unequal partition is ordered, compensation to be made on account of inequality. 39.450
Share of infant paid to guardian. 39.460
Share of insane person to be received by guardian. 39.470
Guardian may consent to partition without action and execute releases. 39.480
Cost of partition is lien upon several shares. 39.490
Court may appoint numerous masters upon request.
Last Updated

Feb. 5, 2021

§ 39.270’s source at nv​.us