Nevada § 268.064 - Lease of building space or other real property that is less than 25,000 square feet
Full text of Nevada Nevada Revised Statutes § 268.064 — Lease of building space or other real property that is less than 25,000 square feet, with citation guidance and answers to common questions.
§ 268.064. Lease of building space or other real property that is less than 25,000 square feet
1. The governing body of a city may offer any city-owned building or any portion thereof
or any other real property for lease without complying with the provisions of NRS 268.059 , 268.061 and 268.062 if: (a) The area of the building space or other real property is less than 25,000 square
feet; and (b) The governing body adopts a resolution stating that it is in the best interest
of the city to lease the property: (1) Without offering the property to the public; and (2) For less than the fair market value of the building space or other real property,
if applicable. 2. The governing body shall: (a) Cause to be published at least once, in a newspaper qualified under chapter 238 of NRS that is published in the county in which the city-owned building or portion thereof
or the other real property is located, a notice setting forth a description of the
city-owned building or portion thereof or the other real property proposed to be leased
in such a manner as to identify it; and (b) Hold a public hearing on the matter not less than 10 or more than 20 days after
the date of publication of the notice. 3. A lease of a city-owned building or any portion thereof or any other real property
pursuant to this section may be made on such terms and conditions as the governing
body of the city deems proper. The duration of such a lease must not exceed 3 years and may include an extension
for not more than an additional 2 years.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 268.064
What does Nevada Revised Statutes § 268.064 cover?
Section 268.064 ("Lease of building space or other real property that is less than 25,000 square feet") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 268.064?
A common citation format is "Nevada Revised Statutes § 268.064" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 268.064 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.