reglab/housing_qa huggingface dataset:
NV Rev Stat § 32.220 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.220 - Scope; exclusions.

  1. Except as otherwise provided in subsection 2 or 3, NRS 32.100 to 32.370, inclusive, apply to a receivership for an interest in real property and any personal property related to or used in operating the real property.  2. NRS 32.100 to 32.370, inclusive, do not apply to a receivership for an interest in real property improved by one to four dwelling units unless:  (a) The interest is used for agricultural, commercial, industrial or mineral-extraction purposes, other than incidental uses by an owner occupying the property as the owner’s primary residence;  (b) The interest secures an obligation incurred at a time when the property was used or planned for use for agricultural, commercial, industrial or mineral-extraction purposes;  (c) The owner planned or is planning to develop the property into one or more dwelling units to be sold or leased in the ordinary course of the owner’s business; or  (d) The owner is collecting or has the right to collect rents or other income from the property from a person other than an affiliate of the owner.  3. NRS 32.100 to 32.370, inclusive, do not apply to a receivership authorized by law of this State other than NRS 32.100 to 32.370, inclusive, in which the receiver is a governmental unit or an individual acting in an official capacity on behalf of the unit except to the extent provided by the other law.  4. NRS 32.100 to 32.370, inclusive, do not limit the authority of a court to appoint a receiver under law of this State other than NRS 32.100 to 32.370, inclusive.  5. Unless displaced by a particular provision of NRS 32.100 to 32.370, inclusive, the principles of law and equity supplement the provisions of NRS 32.100 to 32.370, inclusive.  (Added to NRS by 2017, 1224)
NV Rev Stat § 32.250 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.250 - Notice and opportunity for hearing.

  1. Except as otherwise provided in subsection 2, the court may issue an order under NRS 32.100 to 32.370, inclusive, only after notice and opportunity for a hearing appropriate in the circumstances.  2. The court may issue an order under NRS 32.100 to 32.370, inclusive:  (a) Without prior notice if the circumstances require issuance of an order before notice is given;  (b) After notice and without a prior hearing if the circumstances require issuance of an order before a hearing is held; or  (c) After notice and without a hearing if no interested party timely requests a hearing.  (Added to NRS by 2017, 1223)
NV Rev Stat § 32.255 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.255 - Power of court.

The court that appoints a receiver under NRS 32.100 to 32.370, inclusive, has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property.  (Added to NRS by 2017, 1224)
NV Rev Stat § 32.260 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.260 - Appointment of receiver.

  1. The court may appoint a receiver:  (a) Before judgment, to protect a party that demonstrates an apparent right, title or interest in real property that is the subject of the action, if the property or its revenue-producing potential:  (1) Is being subjected to or is in danger of waste, loss, dissipation or impairment; or  (2) Has been or is about to be the subject of a voidable transaction;  (b) After judgment:  (1) To carry the judgment into effect; or  (2) To preserve nonexempt real property pending appeal or when an execution has been returned unsatisfied and the owner refuses to apply the property in satisfaction of the judgment;  (c) In an action in which a receiver for real property may be appointed on equitable grounds; or  (d) During the time allowed for redemption, to preserve real property sold in an execution or foreclosure sale and secure its rents to the person entitled to the rents.  2. In connection with the foreclosure or other enforcement of a mortgage, a mortgagee is entitled to appointment of a receiver for the mortgaged property if:  (a) Appointment is necessary to protect the property from waste, loss, transfer, dissipation or impairment;  (b) The mortgagor agreed in a signed record to appointment of a receiver on default;  (c) The owner agreed, after default and in a signed record, to appointment of a receiver;  (d) The property and any other collateral held by the mortgagee are not sufficient to satisfy the secured obligation;  (e) The owner fails to turn over to the mortgagee proceeds or rents the mortgagee was entitled to collect; or  (f) The holder of a subordinate lien obtains appointment of a receiver for the property.  3. The court may condition appointment of a receiver without prior notice under paragraph (a) of subsection 2 of NRS 32.250 or without a prior hearing under paragraph (b) of subsection 2 of NRS 32.250 on the giving of security by the person seeking the appointment for the payment of damages, reasonable attorney’s fees and costs incurred or suffered by any person if the court later concludes that the appointment was not justified. If the court later concludes that the appointment was justified, the court shall release the security.  (Added to NRS by 2017, 1224)
NV Rev Stat § 32.265 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.265 - Disqualification from appointment as receiver; disclosure of interest.

  1. The court may not appoint a person as receiver unless the person submits to the court a statement under penalty of perjury that the person is not disqualified.  2. Except as otherwise provided in subsection 3, a person is disqualified from appointment as receiver if the person:  (a) Is an affiliate of a party;  (b) Has an interest materially adverse to an interest of a party;  (c) Has a material financial interest in the outcome of the action, other than compensation the court may allow the receiver;  (d) Has a debtor-creditor relationship with a party; or  (e) Holds an equity interest in a party, other than a noncontrolling interest in a publicly traded company.  3. A person is not disqualified from appointment as receiver solely because the person:  (a) Was appointed receiver or is owed compensation in an unrelated matter involving a party or was engaged by a party in a matter unrelated to the receivership;  (b) Is an individual obligated to a party on a debt that is not in default and was incurred primarily for personal, family or household purposes; or  (c) Maintains with a party a deposit account as defined in paragraph (cc) of subsection 1 of NRS 104.9102.  4. A person seeking appointment of a receiver may nominate a person to serve as receiver, but the court is not bound by the nomination.  (Added to NRS by 2017, 1225)
NV Rev Stat § 32.270 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.270 - Adoption of rules governing ethics of receivers.

  1. The Supreme Court shall adopt rules:  (a) Governing the ethics and independence of receivers; and  (b) Preventing self-dealing by a receiver.  2. As used in this section, "self-dealing" means any direct or indirect:  (a) Sale, exchange or leasing of property between a receivership and the receiver;  (b) Lending of money or other extension of credit between a receivership and the receiver;  (c) Furnishing of goods, services or facilities between a receivership and the receiver;  (d) Payment of compensation, or payment or reimbursement of expenses, by a receivership to the receiver; or  (e) Transfer to, or use by or for the benefit of, a receiver of the income or assets of the receivership.  (Added to NRS by 2017, 1225)
NV Rev Stat § 32.275 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.275 - Receiver’s bond; alternative security.

  1. Except as otherwise provided in subsection 2, a receiver shall post with the court a bond that:  (a) Is conditioned on the faithful discharge of the receiver’s duties;  (b) Has one or more sureties approved by the court;  (c) Is in an amount the court specifies; and  (d) Is effective as of the date of the receiver’s appointment.  2. The court may approve the posting by a receiver with the court of alternative security, such as a letter of credit or deposit of funds. The receiver may not use receivership property as alternative security. Interest that accrues on deposited funds must be paid to the receiver on the receiver’s discharge.  3. The court may authorize a receiver to act before the receiver posts the bond or alternative security required by this section.  4. A claim against a receiver’s bond or alternative security must be made not later than 6 months after the date the receiver is discharged.  (Added to NRS by 2017, 1226)
NV Rev Stat § 32.280 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.280 - Status of receiver as lien creditor.

On appointment of a receiver, the receiver has the status of a lien creditor under:  1. NRS 104.9101 to 104.9717, inclusive, as to receivership property that is personal property or fixtures; and  2. NRS 111.310 to 111.3655, inclusive, as to receivership property that is real property.  (Added to NRS by 2017, 1226)
NV Rev Stat § 32.285 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.285 - Security agreement covering property acquired after appointment of receiver.

Except as otherwise provided by law of this State other than NRS 32.100 to 32.370, inclusive, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver.  (Added to NRS by 2017, 1226)
NV Rev Stat § 32.290 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.290 - Collection and turnover of receivership property.

  1. Unless the court orders otherwise, on demand by a receiver:  (a) A person that owes a debt that is receivership property and is matured or payable on demand or on order shall pay the debt to or on the order of the receiver, except to the extent the debt is subject to setoff or recoupment; and  (b) Subject to subsection 3, a person that has possession, custody or control of receivership property shall turn the property over to the receiver.  2. A person that has notice of the appointment of a receiver and owes a debt that is receivership property may not satisfy the debt by payment to the owner.  3. If a creditor has possession, custody or control of receivership property and the validity, perfection or priority of the creditor’s lien on the property depends on the creditor’s possession, custody or control, the creditor may retain possession, custody or control until the court orders adequate protection of the creditor’s lien.  4. Unless a bona fide dispute exists about a receiver’s right to possession, custody or control of receivership property, the court may sanction as civil contempt a person’s failure to turn the property over when required by this section.  (Added to NRS by 2017, 1226)
NV Rev Stat § 32.300 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.300 - Duties of owner.

  1. An owner shall:  (a) Assist and cooperate with the receiver in the administration of the receivership and the discharge of the receiver’s duties;  (b) Preserve and turn over to the receiver all receivership property in the owner’s possession, custody or control;  (c) Identify all records and other information relating to the receivership property, including a password, authorization or other information needed to obtain or maintain access to or control of the receivership property, and make available to the receiver the records and information in the owner’s possession, custody or control;  (d) On subpoena, submit to examination under oath by the receiver concerning the acts, conduct, property, liabilities and financial condition of the owner or any matter relating to the receivership property or the receivership; and  (e) Perform any duty imposed by court order, NRS 32.100 to 32.370, inclusive, or law of this State other than NRS 32.100 to 32.370, inclusive.  2. If an owner is a person other than an individual, this section applies to each officer, director, manager, member, partner, trustee or other person exercising or having the power to exercise control over the affairs of the owner.  3. If a person knowingly fails to perform a duty imposed by this section, the court may:  (a) Award the receiver actual damages caused by the person’s failure, reasonable attorney’s fees and costs; and  (b) Sanction the failure as civil contempt.  (Added to NRS by 2017, 1228)
NV Rev Stat § 32.305 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.305 - Stay; injunction.

  1. Except as otherwise provided in subsection 4 or ordered by the court, an order appointing a receiver operates as a stay, applicable to all persons, of an act, action or proceeding:  (a) To obtain possession of, exercise control over or enforce a judgment against receivership property; and  (b) To enforce a lien against receivership property to the extent the lien secures a claim against the owner which arose before entry of the order.  2. Except as otherwise provided in subsection 4, the court may enjoin an act, action or proceeding against or relating to receivership property if the injunction is necessary to protect the property or facilitate administration of the receivership.  3. A person whose act, action or proceeding is stayed or enjoined under this section may apply to the court for relief from the stay or injunction for cause.  4. An order under subsection 1 or 2 does not operate as a stay or injunction of:  (a) An act, action or proceeding to foreclose or otherwise enforce a mortgage by the person seeking appointment of the receiver;  (b) An act, action or proceeding to perfect, or maintain or continue the perfection of, an interest in receivership property;  (c) Commencement or continuation of a criminal proceeding;  (d) Commencement or continuation of an action or proceeding, or enforcement of a judgment other than a money judgment in an action or proceeding, by a governmental unit to enforce its police or regulatory power; or  (e) Establishment by a governmental unit of a tax liability against the owner or receivership property or an appeal of the liability.  5. The court may void an act that violates a stay or injunction under this section.  6. If a person knowingly violates a stay or injunction under this section, the court may:  (a) Award actual damages caused by the violation, reasonable attorney’s fees and costs; and  (b) Sanction the violation as civil contempt.  (Added to NRS by 2017, 1228)
NV Rev Stat § 32.310 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.310 - Engagement and compensation of professional.

  1. With court approval, a receiver may engage an attorney, accountant, appraiser, auctioneer, broker or other professional to assist the receiver in performing a duty or exercising a power of the receiver. The receiver shall disclose to the court:  (a) The identity and qualifications of the professional;  (b) The scope and nature of the proposed engagement;  (c) Any potential conflict of interest; and  (d) The proposed compensation.  2. A person is not disqualified from engagement under this section solely because of the person’s engagement by, representation of or other relationship with the receiver, a creditor or a party. NRS 32.100 to 32.370, inclusive, do not prevent the receiver from serving in the receivership as an attorney, accountant, auctioneer or broker when authorized by law.  3. A receiver or professional engaged under subsection 1 shall file with the court an itemized statement of the time spent, work performed and billing rate of each person that performed the work and an itemized list of expenses. The receiver shall pay the amount approved by the court.  (Added to NRS by 2017, 1229)
NV Rev Stat § 32.315 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.315 - Use or transfer of receivership property not in ordinary course of business.

  1. With court approval, a receiver may use receivership property other than in the ordinary course of business.  2. With court approval, a receiver may transfer receivership property other than in the ordinary course of business by sale, lease, license, exchange or other disposition. Unless the agreement of sale provides otherwise, a sale under this section is free and clear of a lien of the person that obtained appointment of the receiver, any subordinate lien and any right of redemption but is subject to a senior lien.  3. A lien on receivership property which is extinguished by a transfer under subsection 2 attaches to the proceeds of the transfer with the same validity, perfection and priority the lien had on the property immediately before the transfer, even if the proceeds are not sufficient to satisfy all obligations secured by the lien.  4. A transfer under subsection 2 may occur by means other than a public auction sale. A creditor holding a valid lien on the property to be transferred may purchase the property and offset against the purchase price part or all of the allowed amount secured by the lien, if the creditor tenders funds sufficient to satisfy in full the reasonable expenses of transfer and the obligation secured by any senior lien extinguished by the transfer.  5. A reversal or modification of an order approving a transfer under subsection 2 does not affect the validity of the transfer to a person that acquired the property in good faith or revive against the person any lien extinguished by the transfer, whether the person knew before the transfer of the request for reversal or modification, unless the court stayed the order before the transfer.  6. As used in this section, "good faith" means honesty in fact and the observance of reasonable commercial standards of fair dealing.  (Added to NRS by 2017, 1229)
NV Rev Stat § 32.325 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.325 - Defenses and immunities of receiver.

  1. A receiver is entitled to all defenses and immunities provided by law of this State other than NRS 32.100 to 32.370, inclusive, for an act or omission within the scope of the receiver’s appointment.  2. A receiver may be sued personally for an act or omission in administering receivership property only with approval of the court that appointed the receiver.  (Added to NRS by 2017, 1231)
NV Rev Stat § 32.330 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.330 - Interim report of receiver.

A receiver may file or, if ordered by the court, shall file an interim report that includes:  1. The activities of the receiver since appointment or a previous report;  2. Receipts and disbursements, including a payment made or proposed to be made to a professional engaged by the receiver;  3. Receipts and dispositions of receivership property;  4. Fees and expenses of the receiver and, if not filed separately, a request for approval of payment of the fees and expenses; and  5. Any other information required by the court.  (Added to NRS by 2017, 1231)
NV Rev Stat § 32.335 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.335 - Notice of appointment; claim against receivership; distribution to creditors.

  1. Except as otherwise provided in subsection 6, a receiver shall give notice of appointment of the receiver to creditors of the owner by:  (a) Deposit for delivery through first-class mail or other commercially reasonable delivery method to the last known address of each creditor; and  (b) Publication as directed by the court.  2. Except as otherwise provided in subsection 6, the notice required by subsection 1 must specify the date by which each creditor holding a claim against the owner which arose before appointment of the receiver must submit the claim to the receiver. The date specified must be at least 90 days after the later of notice under paragraph (a) of subsection 1 or last publication under paragraph (b) of subsection 1. The court may extend the period for submitting the claim. Unless the court orders otherwise, a claim that is not submitted timely is not entitled to a distribution from the receivership.  3. A claim submitted by a creditor under this section must:  (a) State the name and address of the creditor;  (b) State the amount and basis of the claim;  (c) Identify any property securing the claim;  (d) Be signed by the creditor under penalty of perjury; and  (e) Include a copy of any record on which the claim is based.  4. An assignment by a creditor of a claim against the owner is effective against the receiver only if the assignee gives timely notice of the assignment to the receiver in a signed record.  5. At any time before entry of an order approving a receiver’s final report, the receiver may file with the court an objection to a claim of a creditor, stating the basis for the objection. The court shall allow or disallow the claim according to law of this State other than NRS 32.100 to 32.370, inclusive.  6. If the court concludes that receivership property is likely to be insufficient to satisfy claims of each creditor holding a perfected lien on the property, the court may order that:  (a) The receiver need not give notice under subsection 1 of the appointment to all creditors of the owner, but only such creditors as the court directs; and  (b) Unsecured creditors need not submit claims under this section.  7. Subject to NRS 32.340:  (a) A distribution of receivership property to a creditor holding a perfected lien on the property must be made in accordance with the creditor’s priority under law of this State other than NRS 32.100 to 32.370, inclusive; and  (b) A distribution of receivership property to a creditor with an allowed unsecured claim must be made as the court directs according to law of this State other than NRS 32.100 to 32.370, inclusive.  (Added to NRS by 2017, 1231)
NV Rev Stat § 32.340 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.340 - Fees and expenses.

  1. The court may award a receiver from receivership property the reasonable and necessary fees and expenses of performing the duties of the receiver and exercising the powers of the receiver.  2. The court may order one or more of the following to pay the reasonable and necessary fees and expenses of the receivership, including reasonable attorney’s fees and costs:  (a) A person that requested the appointment of the receiver, if the receivership does not produce sufficient funds to pay the fees and expenses; or  (b) A person whose conduct justified or would have justified the appointment of the receiver under paragraph (a) of subsection 1 of NRS 32.260.  (Added to NRS by 2017, 1232)
NV Rev Stat § 32.345 (2021)
2021 Nevada Revised Statutes|Chapter 32 - Receivers|NRS 32.345 - Removal of receiver; replacement; termination of receivership.

  1. The court may remove a receiver for cause.  2. The court shall replace a receiver that dies, resigns or is removed.  3. If the court finds that a receiver that resigns or is removed, or the representative of a receiver that is deceased, has accounted fully for and turned over to the successor receiver all receivership property and has filed a report of all receipts and disbursements during the service of the replaced receiver, the replaced receiver is discharged.  4. The court may discharge a receiver and terminate the court’s administration of the receivership property if the court finds that appointment of the receiver was improvident or that the circumstances no longer warrant continuation of the receivership. If the court finds that the appointment was sought wrongfully or in bad faith, the court may assess against the person that sought the appointment:  (a) The fees and expenses of the receivership, including reasonable attorney’s fees and costs; and  (b) Actual damages caused by the appointment, including reasonable attorney’s fees and costs.  (Added to NRS by 2017, 1232)