Nevada § 39.670 - Determination of value
Full text of Nevada Nevada Revised Statutes § 39.670 — Determination of value, with citation guidance and answers to common questions.
§ 39.670. Determination of value
1. Except as otherwise provided in subsections 2 and 3, if the court determines that
the property which is the subject of the partition action is heirs property, the court
shall determine the fair market value of the property by ordering an appraisal pursuant
to subsection 4. 2. If all cotenants have agreed to the value of the property or to another method
of valuation, the court shall adopt that value or the value produced by the agreed
method of valuation. 3. If the court determines that the evidentiary value of an appraisal is outweighed
by the cost of the appraisal, the court, after an evidentiary hearing, shall determine
the fair market value of the property and send notice to the parties of the value. 4. If the court orders an appraisal, the court shall appoint a disinterested real
estate appraiser licensed in this State to determine the fair market value of the
property assuming sole ownership of the fee simple estate. On completion of the appraisal, the appraiser shall file a sworn or verified appraisal
with the court. 5. If an appraisal is conducted pursuant to subsection 4, not later than 10 days after
the appraisal is filed, the court shall send notice to each party with a known address,
stating: (a) The appraised fair market value of the property; (b) That the appraisal is available at the clerk of the court's office; and (c) That a party may object to the appraisal not later than 30 days after the notice
is sent, stating the grounds for the objection. 6. If an appraisal is filed with the court pursuant to subsection 4, the court shall
conduct a hearing to determine the fair market value of the property not earlier than
30 days after a copy of the notice of appraisal is sent to each party under subsection
5, whether or not an objection to the appraisal is filed under paragraph (c) of subsection
5. In addition to the court-ordered appraisal, the court may consider any other evidence
of value that is offered by a party. 7. After the hearing under subsection 6, but before considering the merits of the
partition action, the court shall determine the fair market value of the property
and send notice to the parties of the value.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 39.670
What does Nevada Revised Statutes § 39.670 cover?
Section 39.670 ("Determination of value") 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 § 39.670?
A common citation format is "Nevada Revised Statutes § 39.670" (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 § 39.670 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.