Nevada § 393.3251 - Lease or rental of certain real property without formal appraisal; resolution of intention to lease or rent
Full text of Nevada Nevada Revised Statutes § 393.3251 — Lease or rental of certain real property without formal appraisal; resolution of intention to lease or rent, with citation guidance and answers to common questions.
§ 393.3251. Lease or rental of certain real property without formal appraisal; resolution of intention to lease or rent
1. When the board of trustees determines that the rental value of any real property
belonging to the school district is $5,000 or less a year, the board of trustees may
lease or rent such property for a year or less without obtaining a formal appraisal. 2. After determining the amount and the terms of the lease, the board of trustees
shall in open meeting by a majority vote of the members adopt a resolution declaring
its intention to lease the property. The resolution shall: (a) Describe the real property proposed to be leased, and such description must be
sufficiently clear to identify readily the property involved. (b) Specify the rental price and the use for which the property is to be leased or
rented. All leases and rentals shall be for cash. (c) Fix a time, not less than 1 week after publication of notice, for a public meeting
of the board of trustees to be held at its regular place of meeting, at which time
lease or rental proposals will be heard and considered.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 393.3251
What does Nevada Revised Statutes § 393.3251 cover?
Section 393.3251 ("Lease or rental of certain real property without formal appraisal; resolution of intention to lease or rent") 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 § 393.3251?
A common citation format is "Nevada Revised Statutes § 393.3251" (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 § 393.3251 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.