Place and manner of sale of personal property of protected person; report by guardian; first right of refusal of family members; priority of claims.

Nev. Rev. Stat. § 159.154
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
1. The guardian may sell the personal property of a protected person at: (a) The residence of the protected person; or (b) Any other location designated by the guardian. 2. The guardian may sell the personal property only if the property is made available for inspection at the time of the sale or photographs of the personal property are posted on an appropriate auction website on the Internet. 3. Personal property may be sold for cash or upon credit. 4. Except as otherwise provided in NRS 159.1515 , a sale or disposition of any personal property of the protected person must not be commenced until 30 days after an inventory of the property is filed with the court and a copy thereof is sent by regular mail to the persons specified in NRS 159.034 . An affidavit of mailing must be filed with the court. 5. The guardian is responsible for the actual value of the personal property unless the guardian makes a report to the court, not later than 90 days after the conclusion of the sale, showing that good cause existed for the sale and that the property was sold for a price that was not disproportionate to the value of the property. 6. Except as otherwise provided in subsection 7, the family members of the protected person and any interested persons must be offered the first right of refusal to acquire the personal property of the protected person at fair market value. Claims to acquire the personal property must be considered in the following order of priority: (a) The spouse or domestic partner of the protected person; (b) A child of the protected person; (c) The parents of the protected person; (d) A sibling of the protected person; (e) The nearest living relative of the protected person by blood or adoption; and (f) Any other interested party. 7. If multiple claims are received from the same priority group pursuant to subsection 6 and an agreement cannot be reached after good faith efforts have been made, the guardian may sell the property.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-159.htmlFetched: 10/4/2026
Nev. Rev. Stat. § 159.154 — Place and manner of sale of personal property of protected person; report by guardian; first right of refusal of family members; priority of claims | Nevada Revised Statutes | Corpus