Title 12

NRS 143.360 Petition for modification or revocation of authority of personal representative; notice; preference; court order. 1. Any interested person may file a petition requesting that the court make either of the following orders: (a) An order revoking the authority of the per…

NRS 143.365 Authority to administer estate without court supervision; request for court supervision. 1. Subject to the limitations and conditions of NRS 143.300 to 143.815, inclusive, a personal representative who has been granted authority to administer the estate pursuant to NR…

NRS 143.370 Court approval or supervision required for certain actions; exceptions. 1. Notwithstanding any provision of NRS 143.300 to 143.815, inclusive, to the contrary, whether the personal representative has been granted limited authority or full authority, a personal represe…

NRS 143.372 Documents to be presented before transfer of property according to court order; compliance or refusal to comply with court order. 1. A person holding property that is attributable to a decedent may only request the presentation of the following items before transferri…

NRS 143.375 Powers of personal representative granted independent administration authority. 1. Subject to the conditions and limitations of NRS 143.300 to 143.815, inclusive, and to the duties and liabilities of the personal representative, a personal representative who has been …

NRS 143.380 Sale of property of estate; requirements relating to consent and court confirmation of sales. 1. Except as otherwise provided in subsection 4, and subject to the limitations and requirements of NRS 143.370, when the personal representative exercises the authority to s…

NRS 143.400 Requirements for exercise of powers by personal representative. The personal representative may exercise the powers described in NRS 143.400 to 143.465, inclusive, only if the requirements of NRS 143.700 to 143.760, inclusive, are satisfied. (Added to NRS by 2011, 144…

NRS 143.405 Sale or exchange of real property. The personal representative who has full authority has the power to sell or exchange real property of the estate. (Added to NRS by 2011, 1441)

NRS 143.410 Sale or incorporation of business or joint venture. The personal representative who has limited authority or full authority has the power to sell or incorporate any of the following: 1. An unincorporated business or joint venture in which the decedent was engaged at t…

NRS 143.415 Abandonment of tangible personal property. The personal representative who has limited authority or full authority has the power to abandon tangible personal property where the cost of collecting, maintaining and safeguarding the property would exceed its fair market …

NRS 143.420 Power to borrow and to encumber property of estate. 1. Subject to the limitations provided in subsection 2 and NRS 143.180, the personal representative who has limited authority or full authority has the following powers: (a) The power to borrow; and (b) The power to …

NRS 143.425 Grant of option to purchase real property of estate. The personal representative who has full authority has the power to grant an option to purchase real property of the estate for a period within or beyond the period of administration. (Added to NRS by 2011, 1441)

NRS 143.430 Transfer of property to person exercising option to purchase provided in will. If the will gives a person the option to purchase real or personal property and the person has complied with the terms and conditions stated in the will, the personal representative who has…

NRS 143.435 Conveyance or transfer of real or personal property under certain circumstances. The personal representative who has limited authority or full authority has the power to convey or transfer real or personal property to complete a contract entered into by the decedent t…

NRS 143.440 Determination of claims to property. The personal representative who has limited authority or full authority has the power to allow, compromise or settle any of the following: 1. A third-party claim to real or personal property if the decedent died in possession of, o…

NRS 143.445 Disclaimers. The personal representative who has limited authority or full authority has the power to make a disclaimer. (Added to NRS by 2011, 1442)

NRS 143.450 Preliminary distributions authorized under certain circumstances. If the time for filing creditor claims has expired and it appears that the distribution may be made without loss to creditors or injury to the estate or any interested person, the personal representativ…

NRS 143.455 Actions concerning claims by, for the benefit of, or against the estate. The personal representative who has limited authority or full authority has the power to do all the following: 1. Allow, pay, reject or contest any claim by or against the estate. 2. Compromise o…

NRS 143.460 Commencement and defense of certain actions and proceedings. The personal representative who has limited authority or full authority has the power to do all the following: 1. Commence and maintain actions and proceedings for the benefit of the estate. 2. Defend action…

NRS 143.465 Modification of terms of obligation to or in favor of decedent. The personal representative who has limited authority or full authority has the power to extend, renew or in any manner modify the terms of an obligation owing to or in favor of the decedent or the estate…

NRS 143.500 Exercise of powers by personal representative; exceptions. Except as otherwise provided in NRS 143.500 to 143.540, inclusive, the personal representative who has limited authority or full authority may exercise the powers described in NRS 143.500 to 143.540, inclusive…

NRS 143.505 Management and control of estate property. 1. The personal representative who has limited authority or full authority has the power to manage and control property of the estate, including making allocations and determinations pursuant to NRS 164.780 to 164.925, inclus…

NRS 143.510 Power to enter contracts without notice; exception. 1. The personal representative who has limited authority or full authority has the power to enter into a contract to carry out the exercise of a specific power granted pursuant to NRS 143.300 to 143.815, inclusive, i…

NRS 143.515 Deposit and investment of money of estate. 1. The personal representative who has limited authority or full authority has the power to do all the following: (a) Deposit money belonging to the estate in an insured account in a financial institution in this State; (b) I…

NRS 143.520 Continuation of partnership or other business. 1. Subject to the partnership agreement, the applicable provisions of chapter 87, 87A or 88 of NRS and the decedent’s will, the personal representative who has limited authority or full authority has the power to continue…

NRS 143.525 Payment of family allowance. 1. The personal representative who has limited authority or full authority has the power to pay a reasonable family allowance. Except as otherwise provided in subsection 2, the personal representative may exercise this power without giving…

NRS 143.530 Lease of property of estate. 1. The personal representative who has limited authority or full authority has the power to enter as lessor into a lease of property of the estate for: (a) Any purpose, including, without limitation, exploration for and production or remov…

NRS 143.535 Sale or exchange of personal property. 1. The personal representative who has limited authority or full authority has the power to sell personal property of the estate or to exchange personal property of the estate for other property upon such terms and conditions as …

NRS 143.540 Grant of exclusive right to sell property. 1. The personal representative who has limited authority or full authority has the following powers: (a) The power to grant an exclusive right to sell property for a period not to exceed 90 days. (b) The power to grant to the…

NRS 143.600 Exercise of powers by personal representative. The personal representative who has limited authority or full authority may exercise the powers described in NRS 143.600 to 143.655, inclusive, without giving notice of the proposed action pursuant to NRS 143.700 to 143.7…

NRS 143.605 Additional powers of personal representative. In addition to the powers granted to the personal representative pursuant to NRS 143.300 to 143.815, inclusive, the personal representative who has limited authority or full authority has all the powers that the personal r…

NRS 143.610 Conveyance or transfer of property under certain circumstances. The personal representative who has limited authority or full authority has the power to convey or transfer property to carry out the exercise of a specific power granted pursuant to NRS 143.300 to 143.81…

NRS 143.615 Payment of taxes, assessments and expenses. The personal representative who has limited authority or full authority has the power to pay all the following: 1. Taxes and assessments. 2. Expenses incurred in the collection, care and administration of the estate. (Added …

NRS 143.620 Purchase of annuity under certain circumstances. The personal representative who has limited authority or full authority has the power to purchase an annuity from an insurer admitted to do business in this State to satisfy a devise of an annuity or other direction in …

NRS 143.625 Exercise of option. The personal representative who has limited authority or full authority has the power to exercise an option right that is property of the estate. (Added to NRS by 2011, 1446)

NRS 143.630 Purchase of securities or commodities to perform incomplete contract of sale. The personal representative who has limited authority or full authority has the power to purchase securities or commodities required to perform an incomplete contract of sale where the deced…

NRS 143.635 Holding securities in name of nominee or in any other form for certain purposes. The personal representative who has limited authority or full authority has the power to hold a security in the name of a nominee or in any other form without disclosure of the estate, so…

NRS 143.640 Exercise of security subscription or conversion rights. The personal representative who has limited authority or full authority has the power to exercise security subscription or conversion rights. (Added to NRS by 2011, 1446)

NRS 143.645 Repairs and improvements to property of estate. The personal representative who has limited authority or full authority has the power to make repairs and improvements to real and personal property of the estate. (Added to NRS by 2011, 1446)

NRS 143.650 Acceptance of deed or deed of trust in lieu of foreclosure or trustee’s sale. The personal representative who has limited authority or full authority has the power to accept a deed to property which is subject to a mortgage or deed of trust in lieu of foreclosure of t…

NRS 143.655 Partial satisfaction of mortgage or partial reconveyance under deed of trust. The personal representative who has limited authority or full authority has the power to give a partial satisfaction of a mortgage or to cause a partial reconveyance to be executed by a trus…

NRS 143.700 Circumstances pursuant to which notice of proposed action is required or authorized. 1. A personal representative who has been granted authority to administer the estate pursuant to NRS 143.300 to 143.815, inclusive, shall give notice of a proposed action as provided …

NRS 143.705 Persons to whom notice of proposed action is required to be given. Except as otherwise provided in NRS 143.710 and 143.715, notice of a proposed action must be given to all the following: 1. Each known devisee whose interest in the estate would be affected by the prop…

NRS 143.710 Consent to proposed action. Notice of a proposed action need not be given to any person who consents in writing to the proposed action. The consent may be executed at any time before or after the proposed action is taken. (Added to NRS by 2011, 1447)

NRS 143.715 Waiver of notice for particular proposed action; general waiver of notice of proposed action. 1. Notice of a proposed action need not be given to any person who, in writing, waives the right to notice of a proposed action with respect to the particular proposed action…

NRS 143.720 Revocation of consent to proposed action or waiver of notice of proposed action. 1. A waiver or consent pursuant to NRS 143.710 or 143.715 may be revoked only in writing and is effective only when the writing is received by the personal representative. 2. A copy of th…