Nevada § 396.425 - Purchase of real property
Full text of Nevada Nevada Revised Statutes § 396.425 — Purchase of real property, with citation guidance and answers to common questions.
§ 396.425. Purchase of real property
1. The Board of Regents may purchase real property for cash or by making a cash down
payment and executing or assuming an obligation to pay the remainder of the price
in deferred installments. 2. Such obligation may be secured by a mortgage or deed of trust of the real property
acquired, but shall not constitute an obligation of the State of Nevada.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 396.425
What does Nevada Revised Statutes § 396.425 cover?
Section 396.425 ("Purchase of real property") 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 § 396.425?
A common citation format is "Nevada Revised Statutes § 396.425" (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 § 396.425 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.