reglab/statecodes huggingface dataset:
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.089 - Possession of and title to property of protected minor; guardian to secure certain documents.

1. A guardian of the estate shall take possession of:
(a) All of the property of substantial value of the protected minor;
(b) Rents, income, issues and profits from the property, whether accruing before or after the appointment of the guardian; and
(c) The proceeds from the sale, mortgage, lease or other disposition of the property.
2. The guardian may allow the protected minor to have possession and control of the personal property and funds as are appropriate to the needs and capacities of the protected minor.
3. The title to all property of the protected minor is in the protected minor and not in the guardian.
4. A guardian shall secure originals, when available, or copies of any:
(a) Contract executed by the protected minor;
(b) Revocable or irrevocable trust in which the protected minor has a vested interest as a beneficiary; and
(c) Writing evidencing a present or future vested interest in any real or intangible property.
(Added to NRS by 2017, 839)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.0893 - Access to account or other assets of protected minor.

1. A guardian shall present a copy of the court order appointing the guardian and letters of guardianship to a bank or other financial institution that holds any account or other assets of the protected minor before the guardian may access the account or other assets.
2. The bank or other financial institution shall accept the copy of the court order appointing the guardian and letters of guardianship as proof of guardianship and allow the guardian access to the account or other assets of the protected minor, subject to any limitations set forth in the court order.
3. Unless the bank or other financial institution is a party to the guardianship proceeding, the bank or other financial institution is not entitled to a copy of any:
(a) Confidential information concerning the medical condition or the placement of the protected minor; or
(b) Inventory or accounting of the estate of the protected minor.
(Added to NRS by 2017, 839)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.0895 - Assets retained to pay expenses of funeral and disposal of remains of protected minor: Amount exempt from all claims; placement in account or trust; reversion of excess to estate of protected minor.

1. The guardian may retain assets for the anticipated expense of the protected minor’s funeral and the disposal of his or her remains. Of the amount so retained, $3,000 is exempt from all claims, including those of this State.
2. The guardian may place assets so retained in a pooled account or trust. If the assets are invested in a savings account or other financial account, the assets are not subject to disposition as unclaimed property during the lifetime of the protected minor.
3. Assets so retained may be disbursed for the protected minor’s funeral or the disposal of his or her remains without prior authorization of the court. An amount not so disbursed becomes part of the protected minor’s estate.
(Added to NRS by 2017, 840)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.091 - Discovery of debts or property.

Upon the filing of a petition in the guardianship proceeding by the guardian, the protected minor or any other interested person, alleging that any person is indebted to the protected minor, has or is suspected of having concealed, embezzled, converted or disposed of any property of the protected minor or has possession or knowledge of any such property or of any writing relating to such property, the court may require the person to appear and answer under oath concerning the matter.
(Added to NRS by 2017, 840)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.093 - Collecting obligations due protected minor; order for payment of support of protected minor; notice.

1. A guardian of the estate:
(a) Shall demand all debts and other choses in action due to the protected minor; and
(b) With prior approval of the court, may sue for and receive all debts and other choses in action due to the protected minor.
2. A guardian of the estate, with prior approval of the court by order, may compound or compromise any debt or other chose in action due to the protected minor and give a release and discharge to the debtor or other obligor.
3. A guardian of the person:
(a) May obtain an order which requires one or both parents of the protected minor to pay the guardian an amount determined by the court pursuant to NRS 125B.080 for the support of the protected minor.
(b) Shall give notice to the court of the entry of an order for the payment of the support of the protected minor or the approval of any public assistance for the protected minor not later than 30 days after the entry of the order or the approval of public assistance. The guardian shall file a copy of the order of support or document which evidences approval of public assistance with the notice which is filed with the court.
(Added to NRS by 2017, 840, 2284)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.095 - Representing protected minor in legal proceedings.

1. A guardian of the estate shall appear for and represent the protected minor in all actions, suits or proceedings to which the protected minor is a party, unless the court finds that the interests of the guardian conflict with the interests of the protected minor or it is otherwise appropriate to appoint a guardian ad litem in the action, suit or proceeding.
2. Upon final resolution of the action, suit or proceeding, the guardian of the estate or the guardian ad litem shall notify the court of the outcome of the action, suit or proceeding.
3. If the person of the protected minor would be affected by the outcome of any action, suit or proceeding, the guardian of the person, if any, should be joined to represent the protected minor in the action, suit or proceeding.
4. If the protected minor is a party to any criminal action, the guardian of the estate and the guardian of the person must be notified of the action.
(Added to NRS by 2017, 840, 3911)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.097 - Voidable contracts and transactions of protected minor.

Any contract, except to the extent of the reasonable value of necessaries, and any transaction with respect to the property of a protected minor made by the protected minor are voidable by the guardian of the estate.
(Added to NRS by 2017, 841)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.099 - Liability of guardian of estate on contracts for protected minor.

A guardian of the estate is not personally liable on any written or oral contract entered into for or on behalf of the protected minor where the guardian is acting within his or her authority as such guardian. Any action, suit or proceeding on any such contract must be brought against the guardian in his or her fiduciary capacity only, and any judgment or decree obtained in such action, suit or proceeding must be satisfied only from property of the protected minor.
(Added to NRS by 2017, 841)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.103 - Claims against estate of protected minor.

A guardian of the estate shall pay from the guardianship estate pursuant to NRS 159A.105, 159A.107 and 159A.109 all just claims against the protected minor, the estate or the guardian as such, whether accruing before or after the appointment of the guardian and whether arising in contract, in tort or otherwise.
(Added to NRS by 2017, 841)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.105 - Payment of claims of guardian and claims arising from contracts of guardian; report of claims and payment.

1. A guardian of the estate may pay from the guardianship estate the following claims without complying with the provisions of this section and NRS 159A.107 and 159A.109:
(a) The guardian’s claims against the protected minor or the estate; and
(b) Any claims accruing after the appointment of the guardian which arise from contracts entered into by the guardian on behalf of the protected minor.
2. The guardian shall report all claims and the payment of claims made pursuant to subsection 1 in the account that the guardian makes and files in the guardianship proceeding following each payment.
(Added to NRS by 2017, 841, 3912)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.107 - Presentment and verification of claims.

Except as otherwise provided in NRS 159A.105, all claims against the protected minor, the guardianship estate or the guardian of the estate as such must be presented to the guardian of the estate. Each such claim must be in writing, must describe the nature and the amount of the claim, if ascertainable, and must be accompanied by the affidavit of the claimant, or someone on behalf of the claimant, who has personal knowledge of the fact. The affidavit must state that within the knowledge of the affiant the amount claimed is justly due, no payments have been made thereon which are not credited and there is no counterclaim thereto, except as stated in the affidavit. If such claim is founded on a written instrument, the original or a copy thereof with all endorsements must be attached to the claim. The original instrument must be exhibited to the guardian or the court, upon demand, unless it is lost or destroyed, in which case the fact of its loss or destruction must be stated in the claim.
(Added to NRS by 2017, 841)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.109 - Examination and allowance or rejection of claims by guardian.

1. A guardian of the estate shall examine each claim presented to the guardian for payment. If the guardian is satisfied that the claim is appropriate and just, the guardian shall:
(a) Endorse upon the claim the words "examined and allowed" and the date;
(b) Officially subscribe the notation; and
(c) Pay the claim from the guardianship estate.
2. If the guardian is not satisfied that the claim is just, the guardian shall:
(a) Endorse upon the claim the words "examined and rejected" and the date;
(b) Officially subscribe the notation; and
(c) Not later than 60 days after the date the claim was presented to the guardian, notify the claimant by personal service or by mailing a notice by registered or certified mail that the claim was rejected.
(Added to NRS by 2017, 842)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.111 - Recourse of claimant when claim rejected or not acted upon.

1. If, not later than 60 days after the date the claim was presented to the guardian, a rejected claim is returned to the claimant or the guardian of the estate fails to approve or reject and return a claim, the claimant, before the claim is barred by the statute of limitations, may:
(a) File a petition for approval of the rejected claim in the guardianship proceeding for summary determination by the court; or
(b) Commence an action or suit on the claim against the guardian in the guardian’s fiduciary capacity and any judgment or decree obtained must be satisfied only from property of the protected minor.
2. If a claimant files a request for approval of a rejected claim or a like claim in the guardianship proceeding for summary determination, the claimant shall serve notice that he or she has filed such a request on the guardian.
3. Not later than 20 days after the date of service, the guardian may serve notice of objection to summary determination on the claimant. If the guardian serves the claimant with notice and files a copy of the notice with the court, the court shall not enter a summary determination and the claimant may commence an action or suit on the claim against the guardian in the guardian’s fiduciary capacity as provided in subsection 1.
4. If the guardian fails to serve the claimant with notice of objection to summary determination or file a copy of the notice with the court, the court shall:
(a) Hear the matter and determine the claim or like claim in a summary manner; and
(b) Enter an order allowing or rejecting the claim, either in whole or in part. No appeal may be taken from the order.
(Added to NRS by 2017, 842)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.112 - Authorized actions by guardian of the person if guardian of the estate has not been appointed; payment of excess money to appointed guardian of the estate; certain compensation authorized.

1. If a guardian of the estate has not been appointed, a guardian of the person may:
(a) Institute proceedings to compel any person under a duty to support the protected minor or to pay for the welfare of the protected minor to perform that duty; and
(b) Receive money and tangible property deliverable to the protected minor and apply such money and property for the support, care and education of the protected minor. The guardian shall not use any money from the estate of the protected minor to cover the cost of any room and board that the guardian or the spouse, parent or child of the guardian furnishes to the protected minor unless a charge for the service is approved by a court order, after notice to at least one adult relative in the nearest degree of consanguinity to the protected minor in which there is an adult. The guardian shall exercise care to conserve any excess money for the needs of the protected minor.
2. If a guardian of the estate has been appointed, any money received by the guardian of the person that is in excess of the money expended to pay for the support, care and education of the protected minor must be paid to the guardian of the estate for management of the estate. The guardian of the person shall account to the guardian of the estate for any money expended.
3. A guardian of the person of a protected minor for whom a guardian of the estate also has been appointed may receive reasonable sums for any room and board furnished to the protected minor if the guardian of the person presents a claim to the guardian of the estate pursuant to NRS 159A.107 and 159A.109.
4. A guardian of the person may request the guardian of the estate to make a payment from the estate of the protected minor to another person or entity for the care and maintenance of the protected minor in accordance with NRS 159A.107 and 159A.109.
(Added to NRS by 2017, 2551)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.115 - Notice of hearing of petition or account.

1. Except as otherwise ordered by the court, upon the filing of any petition under NRS 159A.078 or 159A.113, or any account, notice must be given to the protected minor and the persons specified in NRS 159A.034 in the manner prescribed by that section.
2. The notice must:
(a) Give the name of the protected minor.
(b) Give the name of the petitioner.
(c) Give the date, time and place of the hearing.
(d) State the nature of the petition.
(e) Refer to the petition for further particulars, and notify all persons interested to appear at the time and place mentioned in the notice and show cause why the court order should not be made.
(Added to NRS by 2017, 844, 3912)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.117 - Court approval required to make certain investments and loans and to exercise certain options; certain investments authorized without prior approval; investing property of two or more protected persons.

1. Upon approval of the court by order, a guardian of the estate may:
(a) Invest the property of the protected minor, make loans and accept security therefor, in the manner and to the extent authorized by the court.
(b) Exercise options of the protected minor to purchase or exchange securities or other property.
2. A guardian of the estate may, without securing the prior approval of the court, invest the property of the protected minor in the following:
(a) Savings accounts in any bank, credit union, savings and loan association or savings bank in this State, to the extent that the deposits are insured by the Federal Deposit Insurance Corporation, the National Credit Union Share Insurance Fund or a private insurer approved pursuant to NRS 672.755.
(b) Interest-bearing obligations of or fully guaranteed by the United States.
(c) Interest-bearing obligations of the United States Postal Service.
(d) Interest-bearing obligations of the Federal National Mortgage Association.
(e) Interest-bearing general obligations of this State.
(f) Interest-bearing general obligations of any county, city or school district of this State.
(g) Money market mutual funds which are invested only in those instruments listed in paragraphs (a) to (f), inclusive.
3. A guardian of the estate for two or more protected persons may invest the property of two or more of the protected persons in property in which each protected person whose property is so invested has an undivided interest. The guardian shall keep a separate record showing the interest of each protected person in the investment and in the income, profits or proceeds therefrom.
4. A guardian of the estate may access or manage a guardianship account via the Internet on a secured website established by the bank, credit union or broker holding the account.
(Added to NRS by 2017, 844)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.121 - Borrowing money for protected minor.

1. A guardian of the estate, with prior approval of the court by order, may borrow money for the account of the protected minor when necessary:
(a) To pay claims against the protected minor, the guardianship estate or the guardian of the estate as such.
(b) To provide for the proper care, maintenance, education and support of the protected minor.
(c) For any other purpose that is in the best interests of the protected minor.
2. If the court determines that the borrowing is necessary or proper, the court shall make an order approving the borrowing and may authorize one or more separate loans. The order must prescribe the maximum amount of each loan, the maximum rate of interest and the date of final maturity of each loan, and may authorize the guardian to secure any loan by mortgage, deed of trust, pledge or other security transaction authorized by the laws of this State. The order must describe the property, if any, to be given as security for each loan.
(Added to NRS by 2017, 844)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.123 - Contracts of protected minor.

If a protected minor for whom a guardian of the estate is appointed was, at the time of the appointment, a party to a contract which has not been fully performed, and which was made by the minor while not under any legal disability other than being under the age of majority, the guardian of the estate, with prior approval of the court by order, may complete the performance of such contract. If such contract requires the conveyance of any real or personal property, or any interest in such property, the court may authorize the guardian to convey the interest and estate of the protected minor in the property, and the effect of such conveyance is the same as though made by the protected minor while not under legal disability. If the contract requires a sale, no notice of sale is required under this section unless otherwise ordered by the court.
(Added to NRS by 2017, 845)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.125 - Gifts from estate of protected minor.

1. A guardian of the estate, with prior approval of the court by order, may, from the estate of the protected minor which is not necessary for the proper care, maintenance, education and support of the protected minor, make reasonable gifts directly, or into a trust, on behalf of the protected minor.
2. Any petition filed by a guardian pursuant to this section must state whether:
(a) The purpose of the guardian in seeking approval to make the gift is to dispose of assets to make the protected minor eligible for Medicaid; and
(b) Making the gift will cause the protected minor to become eligible for Medicaid.
(Added to NRS by 2017, 845)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.127 - Purposes for which property of protected minor may be sold, leased or placed in trust.

A guardian of the estate, with prior approval of the court by order, may sell, lease or place in trust any of the property of the protected minor:
1. For the purpose of paying claims against the protected minor, the guardianship estate or the guardian of the estate.
2. For the purpose of providing for the proper care, maintenance, education and support of the protected minor.
3. For the purpose of investing the proceeds.
4. To obtain income through rentals or royalties.
5. For any other purpose that is in the best interests of the protected minor.
(Added to NRS by 2017, 845)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.134 - Selling real property of protected minor.

1. All sales of real property of a protected minor must be confirmed by the court pursuant to NRS 159A.146 before escrow closes for the sale and title to the real property passes to the purchaser.
2. A petition for confirmation of the sale must be filed with the court not later than 30 days after the date of the sale, which is the date on which the contract for the sale was signed.
3. The court shall set the date of the hearing for confirmation of the sale and give notice of the hearing in the manner required pursuant to NRS 159A.115 or as the court may order.
4. An interested person may file written objections to the confirmation of the sale before the hearing for confirmation of the sale. If such objections are filed, the court shall conduct a hearing regarding those objections during which the interested person may offer witnesses in support of the objections. The court may, in its discretion, allow oral objections to the confirmation of the sale on the date of the hearing for confirmation of the sale.
5. Before the court confirms a sale, the court must find that notice of the sale was given in the manner required pursuant to NRS 159A.1425 and 159A.144, unless the sale was exempt from notice pursuant to NRS 159A.123.
(Added to NRS by 2017, 845, 3912)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.136 - Order requiring guardian to sell real property of estate.

If the guardian neglects or refuses to sell any real property of the estate when it is necessary or in the best interests of the protected minor, an interested person may petition the court for an order requiring the guardian to sell the property. The court shall set the petition for a hearing, and the petitioner shall serve notice on the guardian at least 10 days before the hearing.
(Added to NRS by 2017, 846)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1365 - Application of money from sale of real property of protected minor that is subject to mortgage or other lien.

If real property of the estate of a protected minor is sold that is subject to a mortgage or other lien which is a valid claim against the estate, the money from the sale must be applied in the following order:
1. To pay the necessary expenses of the sale.
2. To satisfy the mortgage or other lien, including, without limitation, payment of interest and any other lawful costs and charges. If the mortgagee or other lienholder cannot be found, the money from the sale may be paid as ordered by the court and the mortgage or other lien shall be deemed to be satisfied.
3. To the estate of the protected minor, unless the court orders otherwise.
(Added to NRS by 2017, 846)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1375 - Sale of real property of protected minor to holder of mortgage or lien on such property.

At a sale of real property that is subject to a mortgage or lien, the holder of the mortgage or lien may become the purchaser. The receipt for the amount owed to the holder from the proceeds of the sale is a payment pro tanto.
(Added to NRS by 2017, 846)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.138 - Sale of equity of estate in real property of protected minor that is subject to mortgage or lien and of property that is subject to mortgage or lien.

1. In the manner required by this chapter for the sale of like property, a guardian may sell:
(a) The equity of the estate in any real property that is subject to a mortgage or lien; and
(b) The property that is subject to the mortgage or lien.
2. If a claim has been filed upon the debt secured by the mortgage or lien, the court shall not confirm the sale unless the holder of the claim files a signed and acknowledged document which releases the estate from all liability upon the claim.
(Added to NRS by 2017, 846)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1385 - Contract for sale of real property of protected minor authorized; limitation on commission; liability of guardian and estate.

1. After the court has granted authority to sell real property of a protected minor, a guardian may enter into a written contract with any bona fide agent, broker or multiple agents or brokers to secure a purchaser for such property. Such a contract may grant an exclusive right to sell the property to the agent, broker or multiple agents or brokers.
2. The guardian shall provide for the payment of a commission upon the sale of the real property which:
(a) Must be paid from the proceeds of the sale;
(b) Must be fixed in an amount not to exceed:
(1) Ten percent for unimproved real property; or
(2) Seven percent for real property with any type of improvement; and
(c) Must be authorized by the court by confirmation of the sale.
3. Upon confirmation of the sale by the court, the contract for the sale becomes binding and enforceable against the estate.
4. A guardian may not be held personally liable and the estate is not liable for the payment of any commission set forth in a contract entered into with an agent or broker pursuant to this section until the sale is confirmed by the court, and then is liable only for the amount set forth in the contract.
(Added to NRS by 2017, 846, 3913)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1415 - Presentation of offer to purchase real property to court for confirmation; division of commission for sale of such property.

1. Except as otherwise provided in subsection 10 of NRS 159A.146, if a contract of sale to purchase real property of a guardianship estate is presented to the court for confirmation:
(a) Other persons may submit higher bids in open court; and
(b) The court may confirm the highest bid.
2. Upon confirmation of a sale of real property by the court, the commission for the sale must be divided between the listing agent or broker and the agent or broker who secured the purchaser to whom the sale was confirmed, if any, in accordance with the contract with the listing agent or broker.
(Added to NRS by 2017, 847, 3913)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.142 - Sale of interest of protected minor in real property owned jointly with one or more persons.

1. If a protected minor 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 minor 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 159A.134; and
(c) The court confirms the sale.
2. Except as otherwise provided in subsection 3, the court shall confirm the sale only if:
(a) The net amount of the proceeds from the sale to the estate of the protected minor 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 minor will be released from all liability for any mortgage or lien on the property.
3. Upon good cause shown, the court may waive the requirement set forth in paragraph (a) of subsection 2.
(Added to NRS by 2017, 847, 3914)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1425 - Notice of sale of real property of protected minor: When required; manner of providing; waiver; content.

1. Except as otherwise provided in this section and except for a sale pursuant to NRS 159A.123 or 159A.142, a guardian may sell the real property of a protected minor only after the court grants authority for the sale pursuant to NRS 159A.113 and notice of the sale is published:
(a) In a newspaper that is published in the county in which the property, or some portion of the property, is located;
(b) If a newspaper is not published in the county in which the property, or some portion of the property, is located:
(1) In a newspaper of general circulation in the county; or
(2) In such other newspaper as the court orders; or
(c) On a public property listing service for a period of not less than 30 days.
2. Except as otherwise provided in this section and except for a sale of real property pursuant to NRS 159A.123 or 159A.142, the notice of a sale must be published pursuant to paragraph (a) or (b) of subsection 1 not less than three times before the date on which the sale may be made, over a period of 14 days and 7 days apart.
3. For good cause shown, the court may order fewer publications and shorten the time of notice, but must not shorten the time of notice to less than 8 days.
4. The court may waive the requirement of publication pursuant to this section if:
(a) The guardian is the sole devisee or heir of the estate; or
(b) All devisees or heirs of the estate consent to the waiver in writing.
5. Publication for the sale of real property is not required pursuant to this section if the property to be sold is reasonably believed to have a net value of $10,000 or less. In lieu of publication, the guardian shall post notice of the sale in three of the most public places in the county in which the property, or some portion of the property, is located for at least 14 days before the date on or after which an offer will be accepted for a sale.
6. Any notice published or posted pursuant to this section must include, without limitation:
(a) A description of the real property which reasonably identifies the property to be sold; and
(b) The date, time and location on or after which an offer will be accepted.
(Added to NRS by 2017, 847, 3914)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.144 - Sale of real property of guardianship estate: Requirements for establishing date; manner of making offers.

1. Except for the sale of real property pursuant to NRS 159A.123 or 159A.142, a sale of real property of a guardianship estate:
(a) Must not occur before the date stated in the notice.
(b) Except as otherwise provided in this paragraph, must not occur sooner than 14 days after the date of the first publication or posting of the notice. For good cause shown, the court may shorten the time in which the sale may occur to not sooner than 8 days after the date of the first publication or posting of the notice. If the court so orders, the notice of the sale and the sale may be made to correspond with the court order.
(c) Must occur not later than 1 year after the date stated in the notice.
2. The offers made in a sale:
(a) Must be in writing; and
(b) May be delivered to the place designated in the notice or to the guardian at any time after the date of the first publication or posting of the notice.
(Added to NRS by 2017, 848, 3915)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1455 - Confirmation by court of sale of real property of guardianship estate.

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 159A.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 159A.086 and 159A.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 minor.
(Added to NRS by 2017, 849, 3915)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1465 - Conveyance of real property of guardianship estate to purchaser upon confirmation of sale by court.

1. If the court confirms a sale of real property of a guardianship estate, the guardian shall execute a conveyance of the property to the purchaser.
2. The conveyance must include a reference to the court order confirming the sale, and a certified copy of the court order must be recorded in the office of the recorder of the county in which the property, or any portion of the property, is located.
3. A conveyance conveys all the right, title and interest of the protected minor in the property on the date of the sale, and if, before the date of the sale, by operation of law or otherwise, the protected minor has acquired any right, title or interest in the property other than or in addition to that of the protected minor at the time of the sale, that right, title or interest also passes by the conveyance.
(Added to NRS by 2017, 850)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1475 - Sale of real property made upon credit.

1. If a sale of real property is made upon credit, the guardian shall take:
(a) The note or notes of the purchaser for the unpaid portion of the sale; and
(b) A mortgage on the property to secure the payment of the notes.
2. The mortgage may contain a provision for release of any part of the property if the court approves the provision.
(Added to NRS by 2017, 850)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.148 - Neglect or refusal of purchaser of real property to comply with terms of sale.

1. After confirmation of the sale of real property, if the purchaser neglects or refuses to comply with the terms of the sale, the court may set aside the order of confirmation and order the property to be resold:
(a) On motion of the guardian; and
(b) After notice is given to the purchaser.
2. If the amount realized on the resale of the property is insufficient to cover the bid and the expenses of the previous sale, the original purchaser is liable to the estate of the protected minor for the deficiency.
(Added to NRS by 2017, 850)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1495 - Fraudulent sale of real property of protected minor by guardian.

A guardian who fraudulently sells any real property of a protected minor in a manner inconsistent with the provisions of this chapter is liable for double the value of the property sold, as liquidated damages, to be recovered in an action by or on behalf of the protected minor.
(Added to NRS by 2017, 850)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1505 - Periods of limitation for actions to recover or set aside sale of real property.

The periods of limitation prescribed in NRS 11.260 apply to all actions:
1. For the recovery of real property sold by a guardian in accordance with the provisions of this chapter; and
2. To set aside a sale of real property.
(Added to NRS by 2017, 850)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1515 - Sale of personal property of protected minor by guardian without notice.

1. A guardian may sell, dispose of or authorize the immediate destruction of personal property of the protected minor without notice, and title to the property passes without confirmation by the court if:
(a) The property will depreciate in value if not disposed of promptly;
(b) The property will incur loss or expense by being kept;
(c) The property has been contaminated by vermin or biological or chemical agents and the expenses related to the decontamination of the property cause salvage to be impractical;
(d) The property constitutes an immediate threat to the public health or safety; or
(e) The handling, transfer or storage of the property might endanger public health or safety or exacerbate contamination.
2. The guardian is responsible for the actual value of the personal property unless the guardian obtains confirmation by the court of the sale.
(Added to NRS by 2017, 851)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.152 - Sale of security of protected minor by guardian.

A guardian may sell any security of the protected minor if:
1. The guardian petitions the court for confirmation of the sale;
2. The clerk sets the date of the hearing;
3. The guardian gives notice in the manner required pursuant to NRS 159A.034 unless, for good cause shown, the court shortens the period within which notice must be given or dispenses with notice; and
4. The court confirms the sale.
(Added to NRS by 2017, 851)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1535 - Notice of sale of personal property of protected minor.

Except as otherwise provided in NRS 159A.1515 and 159A.152, a guardian may sell the personal property of the protected minor only after notice of the intent to sell is provided to the protected minor and all interested parties, by personal delivery or by certified mail, not less than 30 days before the sale.
(Added to NRS by 2017, 851)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.154 - Place and manner of sale of personal property of protected minor; report by guardian; first right of refusal of family members.

1. The guardian may sell the personal property of a protected minor at:
(a) The residence of the protected minor; or
(b) Any other location designated by the guardian.
2. The guardian may sell the personal property only if the property is made available for inspection at the time of the sale or photographs of the personal property are posted on an appropriate auction website on the Internet.
3. Personal property may be sold for cash or upon credit.
4. Except as otherwise provided in NRS 159A.1515, a sale or disposition of any personal property of the protected minor must not be commenced until 30 days after an inventory of the property is filed with the court and a copy thereof is sent by regular mail to the persons specified in NRS 159A.034. An affidavit of mailing must be filed with the court.
5. The guardian is responsible for the actual value of the personal property unless the guardian makes a report to the court, not later than 90 days after the conclusion of the sale, showing that good cause existed for the sale and that the property was sold for a price that was not disproportionate to the value of the property.
6. The family members of the protected minor and any interested persons must be offered the first right of refusal to acquire the personal property of the protected minor at fair market value.
(Added to NRS by 2017, 851, 3918)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.156 - Sale of interest in personal property pledged to protected minor and choses in action of estate of protected minor.

The following interests of the estate of the protected minor may be sold in the same manner as other personal property:
1. An interest in personal property that has been pledged to the protected minor; and
2. Choses in action.
(Added to NRS by 2017, 851)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.157 - Lease of property of protected minor.

A guardian of the estate may lease any real property of the protected minor or any interest in real property:
1. Without securing prior court approval, where the tenancy is from month to month or for a term not to exceed 1 year and the reasonable fixed rental for the property or the protected minor’s proportionate interest in such rental does not exceed $250 per month.
2. With prior approval of the court by order, for such period of time as may be authorized by the court, not exceeding any time limitation prescribed by law, and upon such terms and conditions as the court may approve. Such lease may extend beyond the period of minority of a protected minor.
(Added to NRS by 2017, 851)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.159 - Contract with broker to secure lessee.

The court may authorize the guardian to enter into a written contract with one or more licensed real estate brokers to secure a lessee of the protected minor’s property, which contract may provide for the payment of a commission, not exceeding 5 percent of the fixed rental for the first 2 years, to be paid out of the proceeds of any such lease.
(Added to NRS by 2017, 852)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.161 - Petition for approval of lease: Content; conditions for approval.

1. Petitions to secure court approval of any lease:
(a) Must include the parcel number assigned to the property to be leased and the physical address of the property, if any; and
(b) Must set forth the proposed fixed rental, the duration of the lease and a brief description of the duties of the proposed lessor and lessee.
2. Upon the hearing of a petition pursuant to subsection 1, if the court is satisfied that the lease is for the best interests of the protected minor and the estate of the protected minor, the court shall enter an order authorizing the guardian to enter into the lease.
(Added to NRS by 2017, 852)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.163 - Agreement for rental or bailment of personal property.

A guardian of the estate, with prior approval of the court by order, may enter into agreements providing for the rental or bailment of the protected minor’s personal property. All proceedings to obtain such a court order must be the same as required for the lease of real property.
(Added to NRS by 2017, 852)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.165 - Lease of mining claim or mineral rights; option to purchase.

1. If the property to be leased consists of mining claims, an interest in the mining claims, property worked as a mine or lands containing oil, gas, steam, gravel or any minerals, the court may authorize the guardian to enter into a lease which provides for payment by the lessee of a royalty, in money or in kind, in lieu of a fixed rental. The court may also authorize the guardian to enter into a lease which provides for a pooling agreement or authorizes the lessee to enter into pooling or other cooperative agreements with lessees, operators or owners of other lands and minerals for the purpose of bringing about the cooperative development and operation of any mine, oil field or other unit of which the protected minor’s property is a part.
2. If the proposed lease contains an option to purchase, and the property to be sold under the option consists of mining claims, property worked as a mine, or interests in oil, gas, steam, gravel or any mineral, which has a speculative or undefined market value, the court may authorize the guardian to enter into such a lease and sales agreement or give an option to purchase without requiring the property to be sold at public auction or by private sale in the manner required by this chapter for sales of other real property.
3. If the petition filed pursuant to this section requests authority to enter into a lease with an option to purchase, in addition to the notice required by NRS 159A.034, the guardian shall publish a copy of the notice at least twice, the first publication to be at least 10 days before the date set for the hearing and the second publication to be not earlier than 7 days after the date of the first publication. The notice must be published in:
(a) A newspaper that is published in the county where the property is located; or
(b) If no newspaper is published in the county where the property is located, a newspaper of general circulation in that county which is designated by the court.
(Added to NRS by 2017, 852)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1653 - Petition to enter into agreement; setting date of hearing; notice.

1. To enter into an agreement to sell or to give an option to purchase a mining claim or real property worked as a mine which belongs to the estate of the protected minor, the guardian or an interested person shall file a petition with the court that:
(a) Describes the property or claim;
(b) States the terms and general conditions of the agreement;
(c) Shows any advantage that may accrue to the estate of the protected minor from entering into the agreement; and
(d) Requests confirmation by the court of the agreement.
2. The court shall set the date of the hearing on the petition.
3. The petitioner shall give notice in the manner provided in NRS 159A.034.
(Added to NRS by 2017, 852)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1657 - Hearing on petition; court order; recording of court order.

1. At the time appointed and if the court finds that due notice of the hearing concerning an agreement has been given, the court shall hear a petition filed pursuant to NRS 159A.1653 and any objection to the petition that is filed or presented.
2. After the hearing, if the court is satisfied that the agreement will be to the advantage of the estate of the protected minor, the court:
(a) Shall order the guardian to enter into the agreement; and
(b) May prescribe in the order the terms and conditions of the agreement.
3. A certified copy of the court order must be recorded in the office of the county recorder of each county in which the property affected by the agreement, or any portion of the property, is located.
(Added to NRS by 2017, 853)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.166 - Bond and actions required upon court order to enter into agreement.

1. If the court orders the guardian to enter into the agreement pursuant to NRS 159A.1657, the court shall order the guardian to provide an additional bond and specify the amount of the bond in the court order.
2. The guardian is not entitled to receive any of the proceeds from the agreement until the guardian provides the bond and the court approves the bond.
3. When the court order is entered, the guardian shall execute, acknowledge and deliver an agreement which:
(a) Contains the conditions specified in the court order;
(b) States that the agreement or option is approved by court order; and
(c) Provides the date of the court order.
(Added to NRS by 2017, 853)
2023 Nevada Revised Statutes › Chapter 159A - Guardianship of Minors › NRS 159A.1663 - Neglect or refusal of purchaser of mining claim or of option holder to comply with terms of agreement.

1. If the purchaser or option holder neglects or refuses to comply with the terms of the agreement approved by the court pursuant to NRS 159A.1657, the guardian may petition the court to cancel the agreement. The court shall cancel the agreement after notice is given to the purchaser or option holder.
2. The cancellation of an agreement pursuant to this section does not affect any liability created by the agreement.
(Added to NRS by 2017, 853)