Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 159.1415 - Presentation of offer to purchase real property to court for confirmation; division of commission for sale of such property1. Except as otherwise provided in subsection 10 of NRS 159.146, 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 2003, 1760; A 2017, 3913Amended by 2017, Ch. 552,§26, eff. 1/1/2018.Added to NRS by 2003, 1760