NRS 159.1455 - Confirmation by court of sale of real property of guardianship estate.

NV Rev Stat § 159.1455 (2019) (N/A)
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1. Except as otherwise provided in subsection 2, the court shall not confirm a sale of real property of a guardianship estate unless:

(a) The court is satisfied that the amount offered represents the fair market value of the property to be sold; and

(b) Except for a sale of real property pursuant to NRS 159.123, the real property has been appraised within 1 year before the date of the sale. If the real property has not been appraised within this period, a new appraisal must be conducted pursuant to NRS 159.086 and 159.0865 at any time before the sale or confirmation by the court of the sale.

2. The court may waive the requirement of an appraisal upon a showing to and specific findings by the court on the record that:

(a) An additional appraisal will unduly delay the sale; and

(b) The delay will impair the estate of the protected person.

(Added to NRS by 2003, 1762; A 2009, 1662; 2017, 3915)