Nevada Revised Statutes
Chapter 143 - Powers and Duties of Personal Representatives
NRS 143.425 - Grant of option to purchase real property of estate.

Nevada Revised Statutes

Chapter 143 - Powers and Duties of Personal Representatives

NRS 143.010 - Multiple personal representatives: Effect of absence, legal disability or conflict of interest; sufficiency of acts of majority.

NRS 143.020 - Right to possession of decedent’s property.

NRS 143.030 - Duty to take possession of estate and collect debts; exception for certain assets held by guardian.

NRS 143.035 - Duty to use reasonable diligence; report required if estate not closed within certain times; hearing and determinations by court.

NRS 143.037 - Duty to close estate within 18 months after appointment; exceptions.

NRS 143.040 - Rights of surviving partner.

NRS 143.050 - Continuing business of decedent; exception; prohibition on separate compensation for continuing business.

NRS 143.060 - Extent of power to sue and be sued.

NRS 143.065 - Statute of limitations for cause of action of decedent.

NRS 143.070 - Actions by personal representative for conversion or trespass.

NRS 143.080 - Actions against personal representative for conversion or trespass.

NRS 143.090 - Action on bond of former personal representative.

NRS 143.100 - Action for conversion before letters granted.

NRS 143.110 - Procedure when conversion alleged: Citation; examination; allowance of necessary expenses.

NRS 143.120 - Procedure when conversion alleged: Commitment for refusal to appear for examination; order requiring delivery of property to personal representative.

NRS 143.130 - Accounting by person holding assets of estate for personal representative; penalty for failure or refusal to comply with order.

NRS 143.140 - Discharging debtor of estate, compromising claims and renewing obligations: Procedure.

NRS 143.150 - Action to recover fraudulently conveyed property for benefit of creditors.

NRS 143.160 - Costs; disposal of property recovered; proceeds.

NRS 143.165 - Ex parte order to restrain personal representative from performing administration, disbursement or distribution of estate: Issuance; hearing; notice; termination; prohibition on bond requirement in certain circumstances.

NRS 143.170 - Purchase of property of estate by personal representative.

NRS 143.175 - Power to make certain investments.

NRS 143.180 - Power to make loans, advances of credit and other investments insured by Federal Housing Administrator; validation of loans, advances of credit and purchases of obligations made before October 1, 1999.

NRS 143.185 - Power to invest in farm loan bonds and other obligations issued by federal land banks and banks for cooperatives.

NRS 143.187 - Power to hold stock in name of nominee; personal liability of personal representative.

NRS 143.190 - Cumulative method of service of process on personal representative; written statement containing permanent address of personal representative to be filed with clerk.

NRS 143.200 - Actions not to abate on death, disqualification, resignation or removal of personal representative; substitution of successor.

NRS 143.210 - Necessary parties to actions.

NRS 143.300 - Short title.

NRS 143.305 - Definitions.

NRS 143.310 - "Court supervision" defined.

NRS 143.315 - "Full authority" defined.

NRS 143.320 - "Limited authority" defined.

NRS 143.325 - Applicability.

NRS 143.330 - Effect of provision in will that prohibits independent administration of estate.

NRS 143.335 - Independent administration of estate by special administrator.

NRS 143.340 - Personal representative required to petition for full or limited authority to administer estate.

NRS 143.345 - Notice of hearing on petition; persons required to receive notice; contents.

NRS 143.350 - Court authorized to grant requested authority; exceptions.

NRS 143.352 - Acceptance of or refusal to accept letters of administration or letters testamentary.

NRS 143.355 - Amount of bond of personal representative.

NRS 143.360 - Petition for modification or revocation of authority of personal representative; notice; court order.

NRS 143.365 - Authority to administer estate without court supervision; request for court supervision.

NRS 143.370 - Court approval or supervision required for certain actions; exceptions.

NRS 143.372 - Documents to be presented before transfer of property according to court order; compliance or refusal to comply with court order.

NRS 143.375 - Powers of personal representative granted independent administration authority.

NRS 143.380 - Sale of property of estate; requirements relating to consent and court confirmation of sales.

NRS 143.400 - Requirements for exercise of powers by personal representative.

NRS 143.405 - Sale or exchange of real property.

NRS 143.410 - Sale or incorporation of business or joint venture.

NRS 143.415 - Abandonment of tangible personal property.

NRS 143.420 - Power to borrow and to encumber property of estate.

NRS 143.425 - Grant of option to purchase real property of estate.

NRS 143.430 - Transfer of property to person exercising option to purchase provided in will.

NRS 143.435 - Conveyance or transfer of real or personal property under certain circumstances.

NRS 143.440 - Determination of claims to property.

NRS 143.445 - Disclaimers.

NRS 143.450 - Preliminary distributions authorized under certain circumstances.

NRS 143.455 - Actions concerning claims by, for the benefit of, or against the estate.

NRS 143.460 - Commencement and defense of certain actions and proceedings.

NRS 143.465 - Modification of terms of obligation to or in favor of decedent.

NRS 143.500 - Exercise of powers by personal representative; exceptions.

NRS 143.505 - Management and control of estate property.

NRS 143.510 - Power to enter contracts without notice; exception.

NRS 143.515 - Deposit and investment of money of estate.

NRS 143.520 - Continuation of partnership or other business.

NRS 143.525 - Payment of family allowance.

NRS 143.530 - Lease of property of estate.

NRS 143.535 - Sale or exchange of personal property.

NRS 143.540 - Grant of exclusive right to sell property.

NRS 143.600 - Exercise of powers by personal representative.

NRS 143.605 - Additional powers of personal representative.

NRS 143.610 - Conveyance or transfer of property under certain circumstances.

NRS 143.615 - Payment of taxes, assessments and expenses.

NRS 143.620 - Purchase of annuity under certain circumstances.

NRS 143.625 - Exercise of option.

NRS 143.630 - Purchase of securities or commodities to perform incomplete contract of sale.

NRS 143.635 - Holding securities in name of nominee or in any other form for certain purposes.

NRS 143.640 - Exercise of security subscription or conversion rights.

NRS 143.645 - Repairs and improvements to property of estate.

NRS 143.650 - Acceptance of deed or deed of trust in lieu of foreclosure or trustee’s sale.

NRS 143.655 - Partial satisfaction of mortgage or partial reconveyance under deed of trust.

NRS 143.700 - Circumstances pursuant to which notice of proposed action is required or authorized.

NRS 143.705 - Persons to whom notice of proposed action is required to be given.

NRS 143.710 - Consent to proposed action.

NRS 143.715 - Waiver of notice for particular proposed action; general waiver of notice of proposed action.

NRS 143.720 - Revocation of consent to proposed action or waiver of notice of proposed action.

NRS 143.725 - Contents of notice of proposed action.

NRS 143.730 - Requirements for delivery of notice of proposed action.

NRS 143.735 - Objection to proposed action; requirements for delivery; form; notice of objection to personal representative.

NRS 143.740 - Restraining order prohibiting proposed action without court supervision; notice of restraining order to personal representative.

NRS 143.745 - Court authorization or confirmation required if personal representative receives notice of objection or of restraining order.

NRS 143.750 - Effect of failure to object to proposed action; court review of action by personal representative under certain circumstances.

NRS 143.755 - Failure of personal representative to comply with certain requirements; validity of actions taken without such compliance.

NRS 143.760 - Court authorized to remove personal representative from office under certain circumstances.

NRS 143.800 - Letters testamentary or letters of administration.

NRS 143.805 - Notice of proposed action.

NRS 143.810 - Objection to proposed action.

NRS 143.815 - Consent to proposed action.