Nevada § 278.4982 - Land dedicated for park or playground: Compensation of developer for excess; plan for development; time limited for development
Full text of Nevada Nevada Revised Statutes § 278.4982 — Land dedicated for park or playground: Compensation of developer for excess; plan for development; time limited for development, with citation guidance and answers to common questions.
§ 278.4982. Land dedicated for park or playground: Compensation of developer for excess; plan for development; time limited for development
1. If the land area dedicated by any subdivider or developer exceeds a proportionate
contribution to the total park site, taking into consideration the total residents
of the subdivision or development and residents of nearby areas reasonably expected
to benefit therefrom, the subdivider or developer making the dedication shall be compensated
at fair market value for the excess value contributed. 2. When 25 percent of the property is developed within the subdivision or development
from which the land was dedicated, the local governing body or agency to which the
dedicated land is conveyed shall provide for planning, public hearings and the adoption
of a plan for development of the site, a schedule of that development and a plan for
financing which includes operational and maintenance costs of the park or playground. 3. If a park or playground has not been developed on the land dedicated for that purpose
within 3 years after the date on which 75 percent of the residential dwelling units
authorized within that subdivision or development first become occupied, title to
the land reverts to the owners of the lots in the subdivision at the time of the reversion
on a pro rata basis.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 278.4982
What does Nevada Revised Statutes § 278.4982 cover?
Section 278.4982 ("Land dedicated for park or playground: Compensation of developer for excess; plan for development; time limited for development") 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 § 278.4982?
A common citation format is "Nevada Revised Statutes § 278.4982" (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 § 278.4982 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.