Nevada § 39.695 - Report of open-market sale
Full text of Nevada Nevada Revised Statutes § 39.695 — Report of open-market sale, with citation guidance and answers to common questions.
§ 39.695. Report of open-market sale
1. Unless required to do so within a shorter time by NRS 39.010 to 39.490 , inclusive, a broker appointed under subsection 2 of NRS 39.690 to offer heirs property for open-market sale shall file a report not later than 7
days after receiving an offer to purchase the property for at least the value determined
under NRS 39.670 or 39.690 . 2. The report required by subsection 1 must contain the following information: (a) A description of the property to be sold to each buyer; (b) The name of each buyer; (c) The proposed purchase price; (d) The terms and conditions of the proposed sale, including, without limitation,
the terms of any owner financing; (e) The amounts to be paid to lienholders; (f) A statement of contractual or other arrangements or conditions of the broker's
commission; and (g) Other material facts relevant to the sale.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 39.695
What does Nevada Revised Statutes § 39.695 cover?
Section 39.695 ("Report of open-market sale") 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 § 39.695?
A common citation format is "Nevada Revised Statutes § 39.695" (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 § 39.695 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.