1. The order must fix the amount of such additional bond as the court determines should be given by the personal representative, who is not entitled to receive any of the proceeds from the agreement or option until the bond is given and approved.
2. When the order is entered, the personal representative shall execute, acknowledge and deliver an agreement or option to purchase containing the conditions specified in the order and setting forth therein that it is made by authority of the order, and giving the date of the order.
[172:107:1941; 1931 NCL § 9882.172]—(NRS A 1999, 2323)
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.