Nevada § 104.7206 - Termination of storage at warehouse's option
Full text of Nevada Nevada Revised Statutes § 104.7206 — Termination of storage at warehouse's option, with citation guidance and answers to common questions.
§ 104.7206. Termination of storage at warehouse's option
1. A warehouse, by giving notice to the person on whose account the goods are held
and any other person known to claim an interest in the goods, may require payment
of any charges and removal of the goods from the warehouse at the termination of the
period of storage fixed by the document of title or, if a period is not fixed, within
a stated period not less than 30 days after the warehouse gives notice. If the goods are not removed before the date specified in the notice, the warehouse
may sell them pursuant to NRS 104.7210 . 2. If a warehouse in good faith believes that goods are about to deteriorate or decline
in value to less than the amount of its lien within the time provided in subsection
1 and NRS 104.7210 , the warehouse may specify in the notice given under subsection 1 any reasonable
shorter time for removal of the goods and, if the goods are not removed, may sell
them at public sale held not less than 1 week after a single advertisement or posting. 3. If, as a result of a quality or condition of the goods of which the warehouse did
not have notice at the time of deposit, the goods are a hazard to other property,
the warehouse facilities, or other persons, the warehouse may sell the goods at public
or private sale without advertisement or posting on reasonable notification to all
persons known to claim an interest in the goods. If the warehouse, after a reasonable effort, is unable to sell the goods, it may
dispose of them in any lawful manner and does not incur liability by reason of that
disposition. 4. A warehouse shall deliver the goods to any person entitled to them under this Article
upon due demand made at any time before sale or other disposition under this section. 5. A warehouse may satisfy its lien from the proceeds of any sale or disposition under
this section but shall hold the balance for delivery on the demand of any person to
whom the warehouse would have been bound to deliver the goods.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104.7206
What does Nevada Revised Statutes § 104.7206 cover?
Section 104.7206 ("Termination of storage at warehouse's option") 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 § 104.7206?
A common citation format is "Nevada Revised Statutes § 104.7206" (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 § 104.7206 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.