Nevada § 279.470 - Acquisition, management, disposal and encumbrance of interests in real and personal property; insurance
Full text of Nevada Nevada Revised Statutes § 279.470 — Acquisition, management, disposal and encumbrance of interests in real and personal property; insurance, with citation guidance and answers to common questions.
§ 279.470. Acquisition, management, disposal and encumbrance of interests in real and personal property; insurance
Within the redevelopment area or for purposes of redevelopment, an agency may: 1. Purchase, lease, obtain option upon or acquire by gift, grant, bequest, devise
or otherwise, any real or personal property, any interest in property and any improvements
thereon. 2. Except as otherwise provided in NRS 279.471 and 279.4712 , acquire real property by eminent domain. 3. Clear buildings, structures or other improvements from any real property acquired. 4. Sell, lease, exchange, subdivide, transfer, assign, pledge, encumber by mortgage,
deed of trust or otherwise, or otherwise dispose of any real or personal property
or any interest in property. 5. Insure or provide for the insurance of any real or personal property or operations
of the agency against risks or hazards. 6. Rent, maintain, manage, operate, repair and clear such real property.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 279.470
What does Nevada Revised Statutes § 279.470 cover?
Section 279.470 ("Acquisition, management, disposal and encumbrance of interests in real and personal property; insurance") 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 § 279.470?
A common citation format is "Nevada Revised Statutes § 279.470" (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 § 279.470 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.