Nevada § 321.335 - Procedure
Full text of Nevada Nevada Revised Statutes § 321.335 — Procedure, with citation guidance and answers to common questions.
§ 321.335. Procedure
1. Except as otherwise provided in NRS 321.008 , 321.125 , 321.402 to 321.418 , inclusive, 322.061 , 322.063 , 322.065 or 322.075 , except as otherwise required by federal law, except for land that is sold or leased
to a public utility, as defined in NRS 704.020 , to be used for a public purpose, except for land that is sold or leased to a state
or local governmental entity, except for a lease which is part of a contract entered
into pursuant to chapter 333 of NRS and except for an agreement entered into pursuant
to the provisions of NRS 277.080 to 277.170 , inclusive, after April 1, 1957, all sales or leases of any lands that the Division
is required to hold pursuant to NRS 321.001 , including lands subject to contracts of sale that have been forfeited, are governed
by the provisions of this section. 2. Whenever the State Land Registrar deems it to be in the best interests of the State
of Nevada that any lands owned by the State and not used or set apart for public purposes
be sold or leased, the State Land Registrar may, with the approval of the State Board
of Examiners and the Interim Finance Committee, cause those lands to be sold or leased
upon sealed bids, or oral offer after the opening of sealed bids for cash or pursuant
to a contract of sale or lease, at a price not less than the highest appraised value
for the lands plus the costs of appraisal and publication of notice of sale or lease. 3. Before offering any land for sale or lease, the State Land Registrar shall comply
with the provisions of NRS 321.007 . 4. After complying with the provisions of NRS 321.007 , the State Land Registrar shall cause a notice of sale or lease to be published once
a week for 4 consecutive weeks in a newspaper of general circulation published in
the county where the land to be sold or leased is situated, and in such other newspapers
as the State Land Registrar deems appropriate. If there is no newspaper published in the county where the land to be sold or leased
is situated, the notice must be so published in a newspaper published in this State
having a general circulation in the county where the land is situated. 5. The notice must contain: (a) A description of the land to be sold or leased; (b) A statement of the terms of sale or lease; (c) A statement that the land will be sold pursuant to subsection 6; and (d) The place where the sealed bids will be accepted, the first and last days on which
the sealed bids will be accepted, and the time when and place where the sealed bids
will be opened and oral offers submitted pursuant to subsection 6 will be accepted. 6. At the time and place fixed in the notice published pursuant to subsection 4, all
sealed bids which have been received must, in public session, be opened, examined
and declared by the State Land Registrar. Of the proposals submitted which conform to all terms and conditions specified in
the notice published pursuant to subsection 4 and which are made by responsible bidders,
the bid which is the highest must be finally accepted, unless a higher oral offer
is accepted or the State Land Registrar rejects all bids and offers. Before finally accepting any written bid, the State Land Registrar shall call for
oral offers. If, upon the call for oral offers, any responsible person offers to buy or lease
the land upon the terms and conditions specified in the notice, for a price exceeding
by at least 5 percent the highest written bid, then the highest oral offer which is
made by a responsible person must be finally accepted. 7. The State Land Registrar may reject any bid or oral offer to purchase or lease
submitted pursuant to subsection 6, if the State Land Registrar deems the bid or offer
to be: (a) Contrary to the public interest. (b) For a lesser amount than is reasonable for the land involved. (c) On lands which it may be more beneficial for the State to reserve. (d) On lands which are requested by the State of Nevada or any department, agency
or institution thereof. 8. Upon acceptance of any bid or oral offer and payment to the State Land Registrar
in accordance with the terms of sale specified in the notice of sale, the State Land
Registrar shall convey title by quitclaim or cause a patent to be issued as provided
in NRS 321.320 and 321.330 . 9. Upon acceptance of any bid or oral offer and payment to the State Land Registrar
in accordance with the terms of lease specified in the notice of lease, the State
Land Registrar shall enter into a lease agreement with the person submitting the accepted
bid or oral offer pursuant to the terms of lease specified in the notice of lease. 10. The State Land Registrar may require any person requesting that state land be
sold pursuant to the provisions of this section to deposit a sufficient amount of
money to pay the costs to be incurred by the State Land Registrar in acting upon the
application, including the costs of publication and the expenses of appraisal. This deposit must be refunded whenever the person making the deposit is not the
successful bidder. The costs of acting upon the application, including the costs of publication and
the expenses of appraisal, must be borne by the successful bidder. 11. If land that is offered for sale or lease pursuant to this section is not sold
or leased at the initial offering of the contract for the sale or lease of the land,
the State Land Registrar may offer the land for sale or lease a second time pursuant
to this section. If there is a material change relating to the title, zoning or an ordinance governing
the use of the land, the State Land Registrar must obtain a new appraisal of the land
pursuant to the provisions of NRS 321.007 before offering the land for sale or lease a second time. If land that is offered for sale or lease pursuant to this section is not sold or
leased at the second offering of the contract for the sale or lease of the land, the
State Land Registrar may list the land for sale or lease at the appraised value with
a licensed real estate broker, provided that the broker or a person related to the
broker within the first degree of consanguinity or affinity does not have an interest
in the land or an adjoining property.
Frequently Asked Questions About Nevada § 321.335
What does Nevada Revised Statutes § 321.335 cover?
Section 321.335 ("Procedure") 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 § 321.335?
A common citation format is "Nevada Revised Statutes § 321.335" (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 § 321.335 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.