Except as otherwise provided in NRS 393.247:
1. Before accepting any written proposal, the board of trustees shall call for oral bids. If, upon the call for oral bidding, any responsible person offers to purchase the property or to lease the property, as the case may be, upon the terms and conditions specified in the resolution, for a price or rental exceeding by at least 5 percent the highest written proposal, after deducting the commission, if any, to be paid a licensed real estate broker in connection therewith, the oral bid which is the highest after deducting any commissions to be paid a licensed real estate broker in connection therewith, which is made by a responsible person, must be finally accepted.
2. If a sale or lease is made on a higher oral bid to a purchaser procured by an authorized, licensed real estate broker, other than the broker who submitted the highest written proposal, the board shall allow a commission on the full amount for which the sale is confirmed. One-half of the commission on the amount of the highest written proposal must be paid to the broker who submitted it, and the balance of the commission on the purchase price to the broker who procured the purchaser to whom the sale was confirmed. If a sale or lease is made on a higher oral bid to a purchaser not procured by a licensed real estate broker, the board shall allow one-half of the commission on the amount of the highest written proposal, if that highest written proposal was submitted by a licensed real estate broker.
[436:32:1956]—(NRS A 1967, 270; 2001, 590)
Structure Nevada Revised Statutes
NRS 393.010 - Management, control and custody of school property.
NRS 393.020 - Insurance; use of proceeds.
NRS 393.030 - Property held by board of trustees as corporation.
NRS 393.051 - Power of trustees to prohibit or regulate use of motor vehicles on school property.
NRS 393.071 - Trustees may grant use of buildings and grounds for meetings or discussions.
NRS 393.0711 - Interference with use and occupancy for school purposes prohibited.
NRS 393.0712 - Grant constituting monopoly prohibited.
NRS 393.0718 - Custodian of property: Appointment; powers.
NRS 393.090 - Dormitories and dining halls for students at high school.
NRS 393.103 - Adoption of policy concerning renovation or reconstruction of older buildings.
NRS 393.130 - Contract for construction or repair on basis of cost plus fee.
NRS 393.140 - Exchange, purchase, lease and acquisition of school sites and other real property.
NRS 393.155 - Expenditures for improvements not located on property of school district.
NRS 393.160 - Powers of trustees.
NRS 393.200 - United States flag provided by trustees; use.
NRS 393.220 - Power of trustees.
NRS 393.240 - Appointment, report and compensation of appraisers; exceptions.
NRS 393.260 - Notice of adoption of resolution and of meeting: Posting and publication.
NRS 393.280 - Oral bids; acceptance of highest oral bid; commission for broker.
NRS 393.290 - Final acceptance.
NRS 393.300 - Rejection of bids and withdrawal of property from sale or lease.
NRS 393.310 - Authorization to execute and deliver deed or lease.
NRS 393.320 - Deposit of money received from sale or lease in buildings and sites fund.
NRS 393.325 - Lease of school building for community center; conditions.
NRS 393.3252 - Notice of adoption of resolution and of meeting: Publication.
NRS 393.3253 - Meeting: Procedure; call for bids; acceptance of highest oral bid.
NRS 393.3254 - Renewal of lease or rental agreement; review and adjustment.
NRS 393.3255 - Deposit of money received from lease or rental in buildings and sites fund.
NRS 393.326 - Power of trustees.
NRS 393.327 - Manner of making exchanges.
NRS 393.328 - Appraisers: Appointment, report and compensation.
NRS 393.329 - Resolution declaring intention to exchange property: Adoption and contents.
NRS 393.3291 - Notice of adoption of resolution and of meeting: Posting and publication.
NRS 393.3292 - Order for exchange; execution of necessary conveyances.
NRS 393.3293 - Deposit of money received from exchange in school district fund.
NRS 393.370 - Abolishment of county.
NRS 393.380 - Change of county’s boundaries.
NRS 393.390 - Definitions. [Effective through June 30, 2023.]
NRS 393.3901 - "Apprenticeship program" defined. [Effective through June 30, 2023.]
NRS 393.3904 - "Minimum efficiency reporting value" defined. [Effective through June 30, 2023.]
NRS 393.3906 - "Qualified adjusting personnel" defined. [Effective through June 30, 2023.]
NRS 393.3907 - "Qualified testing personnel" defined. [Effective through June 30, 2023.]
NRS 393.3909 - "Skilled and trained workforce" defined. [Effective through June 30, 2023.]
NRS 393.391 - Legislative findings and declarations. [Effective through June 30, 2023.]
NRS 393.392 - Assessment of filtration system. [Effective through June 30, 2023.]
NRS 393.395 - Assessment of carbon dioxide monitors. [Effective through June 30, 2023.]
NRS 393.400 - Surreptitious electronic surveillance; exceptions.
NRS 393.410 - Damage to school property; nuisance; loitering; trespass; penalties.