Nevada § 39.550 - Remaining parties have privilege of selection; interests marked off
Full text of Nevada Nevada Revised Statutes § 39.550 — Remaining parties have privilege of selection; interests marked off, with citation guidance and answers to common questions.
§ 39.550. Remaining parties have privilege of selection; interests marked off
When the master has marked off and set apart the interest of the lowest bidder, as
provided in NRS 39.540 , the master shall offer to the remaining parties the privilege of selection, and
shall, upon closing the bids, proceed in the same manner to locate and mark off the
portion of the lowest bidder, and shall thereafter continue in the same manner to
receive bids and mark off the interest of the bidder or bidders until there remains
but one party in interest, or parties united, forming one interest, as provided in NRS 39.530 . The party or parties remaining become the owner or owners, as the case may be, of
the entire claim not marked off and set apart to the other parties, in proportion
to their respective interests in the claim.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 39.550
What does Nevada Revised Statutes § 39.550 cover?
Section 39.550 ("Remaining parties have privilege of selection; interests marked off") 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 § 39.550?
A common citation format is "Nevada Revised Statutes § 39.550" (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 § 39.550 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.