Nevada Revised Statutes
Chapter 148 - Sales, Conveyances and Exchanges
NRS 148.160 - Sale of equity of estate in property: Procedure.


1. A personal representative may sell the equity of the estate in any property which is subject to a mortgage or lien and sell the property subject to the mortgage or lien, upon such proceedings as are prescribed in this chapter for the sale of like property.
2. If a claim has been filed upon the debt secured by the mortgage or lien, no such sale may be confirmed unless the holder of the claim, by a signed and acknowledged instrument filed in the matter of the estate, releases the estate from all liability upon the claim.
[150:107:1941; 1931 NCL § 9882.150]—(NRS A 1999, 2318)

Structure Nevada Revised Statutes

Nevada Revised Statutes

Chapter 148 - Sales, Conveyances and Exchanges

NRS 148.050 - Sale of property for certain purposes: No priority between personal and real property; method and order of sale.

NRS 148.060 - Confirmation of sale: Report; petition; notice.

NRS 148.070 - Written objection: Hearing; proof of notice.

NRS 148.080 - Sales under direction of will.

NRS 148.090 - Petition for order requiring sale.

NRS 148.100 - Neglect or misconduct of personal representative.

NRS 148.105 - Contracts to find purchaser of personal property: Liability of personal representative; limitations on commission.

NRS 148.110 - Contracts to find purchaser of real property: Liability of personal representative; limitation on commission.

NRS 148.120 - Division of commission upon confirmation of highest bid.

NRS 148.130 - Sale of property subject to mortgage or other lien.

NRS 148.140 - Disposition of proceeds of sale.

NRS 148.150 - Right of holder of lien on property to purchase it; receipt as payment pro tanto.

NRS 148.160 - Sale of equity of estate in property: Procedure.

NRS 148.165 - Transfer of interest subject to Nevada Gaming Control Act to heir or devisee; procedure.

NRS 148.170 - Sale of perishable and depreciating property.

NRS 148.180 - Sale of securities: Authorized by will or consent of devisees or heirs; authorized by court.

NRS 148.190 - Sale of other personal property: Publication; description of property; inspection.

NRS 148.195 - Confirmation of sale: New appraisement; appraisal dispensed with under certain circumstances.

NRS 148.200 - Terms of sale.

NRS 148.210 - Interests in partnerships.

NRS 148.220 - Notice of sale: Publication; court waiver of requirement of publication; posting; description of property.

NRS 148.230 - Public auction; postponement of sale.

NRS 148.240 - Private sale.

NRS 148.260 - Confirmation of sale: Requirement of appraisement; court waiver of requirement of appraisement under certain circumstances.

NRS 148.270 - Hearing concerning confirmation of sale: Considerations; higher offer; continuance; confirmation of sale without bids of property subject to lien or mortgage exceeding value of property.

NRS 148.280 - Conveyances after confirmation of sale.

NRS 148.290 - Sale on credit.

NRS 148.300 - Failure of purchaser to complete sale.

NRS 148.310 - Fraudulent sale: Penalty.

NRS 148.320 - Periods of limitation.

NRS 148.330 - Method of sale.

NRS 148.340 - Sale subject to claims; bond of purchaser.

NRS 148.350 - Assignment after confirmation.

NRS 148.360 - Petition for sale: Notice.

NRS 148.370 - Hearing; order authorizing sale.

NRS 148.380 - Additional bond of personal representative; agreement or option to purchase.

NRS 148.390 - Failure to comply with agreement or option.

NRS 148.400 - Procedure after compliance with agreement or option to purchase.

NRS 148.410 - Petition for order to convey, transfer or deliver property: Conditions; contents; hearing and notice; response; effect if order granted.

NRS 148.420 - Authorization of conveyance.

NRS 148.430 - Petition and notice.

NRS 148.440 - Hearing and order.

NRS 148.450 - Effect of order; execution of order.

NRS 148.500 - Authorization to exchange: Petition; notice.