Nevada § 37.175 - Interest paid by plaintiff; posttrial hearing to determine award of interest
Full text of Nevada Nevada Revised Statutes § 37.175 — Interest paid by plaintiff; posttrial hearing to determine award of interest, with citation guidance and answers to common questions.
§ 37.175. Interest paid by plaintiff; posttrial hearing to determine award of interest
1. Except as otherwise provided in this section, the plaintiff shall pay interest
on the final judgment on the difference between the amount deposited pursuant to NRS 37.100 or 37.170 and the sum of the amount awarded for the taking and any damages awarded for the
severance of the property, excluding costs and attorney's fees, from the date ordered
by the district court pursuant to paragraph (a) of subsection 4 until the date the
judgment is satisfied, at the rate provided in paragraph (b) of subsection 4. 2. The plaintiff is not required to pay interest on any amount deposited pursuant
to the provisions of NRS 37.100 or 37.170 . 3. No interest is required to be paid for the period from the date of a trial which
is continued past 2 years after the date of the first service of the summons, until
the date of entry of judgment, if the continuance was caused primarily by the defendant
or, if there is more than one defendant, the total delay caused by all the defendants. As used in this subsection, “ primarily ” means the greater amount, quantity or quality of acts of the plaintiff or the defendant
or, if there is more than one defendant, the total delay caused by all defendants,
that would cause the trial to be continued past 2 years after the date of the first
service of the summons. 4. The court shall determine, in a posttrial hearing, the award of interest and award
as interest the amount of money which will put the person from whom the property is
taken in as good a position monetarily as if the property had not been taken. The district court shall enter an order concerning: (a) The date on which the computation of interest will commence; (b) The rate of interest to be used to compute the award of interest, which must not
be less than the prime rate of interest plus 2 percent; and (c) Whether the interest will be compounded annually.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 37.175
What does Nevada Revised Statutes § 37.175 cover?
Section 37.175 ("Interest paid by plaintiff; posttrial hearing to determine award of interest") 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 § 37.175?
A common citation format is "Nevada Revised Statutes § 37.175" (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 § 37.175 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.