If, after the confirmation, the purchaser neglects or refuses to comply with the terms of the sale, the court, on motion of the personal representative, and after notice to the purchaser, may vacate the order of confirmation and order a resale of the property. If the amount realized on the resale does not cover the bid and the expenses of the previous sale, the purchaser is liable to the estate for the deficiency.
[164:107:1941; 1931 NCL § 9882.164]—(NRS A 1999, 2321)
Structure Nevada Revised Statutes
Chapter 148 - Sales, Conveyances and Exchanges
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 148.120 - 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 148.170 - Sale of perishable and depreciating property.
NRS 148.190 - Sale of other personal property: Publication; description of property; inspection.
NRS 148.210 - Interests in partnerships.
NRS 148.230 - Public auction; postponement of sale.
NRS 148.280 - Conveyances after confirmation of sale.
NRS 148.300 - Failure of purchaser to complete sale.
NRS 148.310 - Fraudulent sale: Penalty.
NRS 148.320 - Periods of limitation.
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 148.420 - Authorization of conveyance.
NRS 148.430 - Petition and notice.
NRS 148.440 - Hearing and order.