Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 39.695 - Report of open-market sale1. Unless required to do so within a shorter time by NRS 39.010 to 39.490, inclusive, a broker appointed under subsection 2 of NRS 39.690 to offer heirs property for open-market sale shall file a report not later than 7 days after receiving an offer to purchase the property for at least the value determined under NRS 39.670 or 39.690.2. The report required by subsection 1 must contain the following information: (a) A description of the property to be sold to each buyer;(b) The name of each buyer;(c) The proposed purchase price;(d) The terms and conditions of the proposed sale, including, without limitation, the terms of any owner financing;(e) The amounts to be paid to lienholders;(f) A statement of contractual or other arrangements or conditions of the broker's commission; and(g) Other material facts relevant to the sale.Added to NRS by 2011, 315Added to NRS by 2011, 315