Title 12

NRS 152.090 Shares set out in proportion to rights; common or undivided shares. The several shares in the real and personal property must be set out to each individual in proportion to his or her right, and the real property by metes, bounds or such description that the property …

NRS 152.100 Procedure when value of property to be divided greater than share of one party. If any tract of land or tenement is of greater value than one party’s share in the estate to be divided, and cannot be divided without injury to the property, it may be set off by the comm…

NRS 152.110 Sale of property when it cannot be divided fairly: Rules of sale. 1. If it cannot otherwise be fairly divided, the whole or any part of the property may be recommended by the commissioners to be sold, and if the report is confirmed, the court may order a sale by the p…

NRS 152.120 Severance of common and undivided real property held by heirs or devisees and another person: Procedure. 1. When partition of real property among heirs or devisees is required, and such real property is in common and undivided with the real property of any other perso…

NRS 152.130 Commissioners may set off quality against quantity to make shares of equal value. In making partition, the commissioners shall always have regard to quantity and quality, and may set off quantity against quality, or quality against quantity, so that when the partition…

NRS 152.140 Report of commissioners; objections to report; hearing on objections; order of confirmation. 1. The commissioners, within a reasonable time shall file their report of partition. 2. Within 15 days after the report is filed, any interested person may file an objection t…

NRS 152.150 Procedure when property cannot be partitioned. If particular property cannot be divided without prejudice or inconvenience to the owners, the court may assign the whole to one or more of the parties entitled to shares therein, who will accept and pay to the other part…

NRS 152.160 Apportionment of expenses; attorney’s fees. The expenses of partition must be equitably apportioned by the court among the parties, but each party must pay his or her own attorney’s fees, unless otherwise ordered by the court for good cause. [258:107:1941; 1931 NCL § …

NRS 152.170 Effect of allotment by court: When appealable. The allotment made by the court controls upon proceedings for distribution, unless modified for good cause upon reasonable notice, and the proceedings leading to the allotment may be reviewed upon appeal from the order of…

NRS 153.010 Applicability of chapter. The provisions of this chapter govern fiduciaries acting under trusts, wills and court orders in estate proceedings, whether the estate has been distributed or proceedings are now pending. [Part 244:107:1941; A 1947, 38; 1943 NCL § 9882.244]—…

NRS 153.020 Retention of jurisdiction by court after final distribution. 1. If a life estate or estate for years is created by or under any will to continue after distribution of the estate, the court does not lose jurisdiction of the estate, life estate or estate for years by fi…

NRS 153.031 Petition by trustee or beneficiary concerning affairs of trust: Purposes of petition; contents; notice and hearing; additional relief. 1. A trustee or beneficiary may petition the court regarding any aspect of the affairs of the trust, including: (a) Determining the e…

NRS 153.041 Accounting by trustee. The trustee of a testamentary trust shall account in accordance with the provisions of chapter 165 of NRS. This section must not be interpreted to abridge the authority of a court having jurisdiction over a testamentary trust pursuant to NRS 153…

NRS 153.050 Accountings by life tenants and tenants for years. 1. If by law, or by the terms of an instrument creating a life estate or an estate for years, the tenant is required to account for use of the property of the estate, then the provisions of this chapter concerning acc…

NRS 153.060 Petition for distribution of residue of trust estate, estate for life or estate for years: Notice. If a petition is filed for distribution of the residue of the trust estate, estate for life or estate for years to those entitled thereto, the clerk shall set the petiti…

NRS 153.070 Expenses and compensation of trustees. The expenses and compensation of a trustee of a testamentary trust must initially be governed by the terms of the will which created the testamentary trust or as otherwise ordered by the court at the time the testamentary trust i…

NRS 153.080 Conclusiveness of order. An order entered under the provisions of this chapter, when it becomes final, is conclusive upon all interested persons, whether or not they are competent or in being. [247:107:1941; 1931 NCL § 9882.247]—(NRS A 1999, 2353)

NRS 153.090 Declination or resignation of person named or designated trustee: Procedure. 1. A person named or designated as a trustee of a testamentary trust in a will may, at any time before distribution of any of the estate to the person, decline to act as trustee, and an order…

NRS 153.100 Appointment to fill vacancy. 1. The court in which the administration is pending may, at any time before final distribution of the trust, appoint a qualified person to fill a vacancy in the office of trustee under the will, whether resulting from death, declination, r…

NRS 153.120 Bond of trustee. The court may require a person appointed as trustee, before acting as a trustee, to give a bond as is required of a personal representative. If a bond is required, the trustee must be allowed the cost of the bond out of the trust estate. [251:107:1941…

NRS 153.130 Effect of power of appointment. Except as otherwise provided in a will establishing a testamentary trust, a person holding a power of appointment pursuant to a testamentary trust does not owe a fiduciary duty to any person and is not liable to any person with respect …

NRS 154.010 When estates escheat; escheated estates must be used for educational purposes. An estate escheats to and is vested in the State of Nevada for educational purposes if any person dies or has died, within this State, seised of any real or personal estate, and leaving no …

NRS 154.015 Payments or deliveries by personal representative to State Treasurer: Filing of receipt or certificate; release of liability of personal representative. If a personal representative, on order of the court, pays over or delivers to the State Treasurer property which ha…

NRS 154.020 Information filed by Attorney General: Contents. 1. If the Attorney General is informed, or has reason to believe, that any real or personal property has become escheatable to this State for the reasons specified in NRS 154.010, or that any such property has, for any …

NRS 154.030 Citation: Issuance; publication. 1. Upon the filing of the information, the court shall order that a citation be issued to the person or persons alleged in the information to hold, possess or claim the property, requiring them to appear and show cause why the property…

NRS 154.040 Receiver: Appointment on petition of Attorney General after filing of information; bond. 1. After the filing of an information as provided in NRS 154.020, and upon petition of the Attorney General, either before or after answer, upon notice to the person or persons ho…

NRS 154.060 Claimants may appear and plead to information. 1. All persons named in the information may appear and plead to the proceedings, and may traverse or deny the facts stated in the information and the title of the State to the estate at any time on or before the return da…

NRS 154.070 Judgment and costs. After the issues are tried, if it shall appear from the facts that the State has a good title to the estate mentioned in the information, or any part thereof, or if no defense be made by anyone, judgment shall be rendered that the State be seised t…

NRS 154.080 Sale of real property after judgment: Procedure. 1. Upon any judgment entered by a court of competent jurisdiction, escheating real property to the State, on petition of the Attorney General, or on petition of a personal representative of the estate, the court shall, …

NRS 154.100 Appeal from judgment. As in civil cases, the Attorney General, in behalf of the State, and any party who has appeared in any proceedings mentioned in NRS 154.060, has the right to appeal from any judgment rendered in the proceedings. [314:107:1941; 1931 NCL § 9882.314…

NRS 154.105 Sale of escheated property; deposit of proceeds. 1. The State Treasurer may sell at a public sale property in the custody of the State Treasurer which has escheated to the State. The State Treasurer shall cause public notice of the sale to be given. Any money received…

NRS 154.110 Duties of Director of State Department of Conservation and Natural Resources. The Director of the State Department of Conservation and Natural Resources shall keep a true record or description of all real property vested in the State by escheat. All real property must…

NRS 154.115 Duties of State Controller. The State Controller shall: 1. Keep a true account of all money paid into the State Treasury for credit to the Fund for Escheated Estates and of all real and personal property vested in the State by escheat. 2. Account separately for the pr…

NRS 154.120 Proceedings for recovery of property. 1. If, within 6 years after any judgment escheating property to the State, any person claims any money or property vested in the State by the judgment, the person may file a petition in the district court of Carson City, stating t…

NRS 154.130 Person furnishing information entitled to percentage of value of recovered property. Any person furnishing original information of any property escheatable to the State of Nevada, with the necessary evidence to sustain the information in that behalf, to the court of t…

NRS 154.140 Deposit of money from escheated estates. All money received by the State from escheated estates must be deposited in the State Treasury for credit to the Fund for Escheated Estates which is hereby created as a trust fund. [318:107:1941; 1931 NCL § 9882.318]—(NRS A 195…

NRS 154.150 Petition to acquire title to escheated property. 1. A person desiring to acquire title to any individual item or real property which has escheated to the State must proceed by petition to the Director of the State Department of Conservation and Natural Resources on fo…

NRS 154.160 Petition to be accompanied by purchase price and fees. The petition must be accompanied by: 1. The purchase price in the amount of the petitioner’s offer for the real property desired. 2. A sufficient sum to cover the cost of advertising. 3. A fee of $5. [3:55:1941; 1…

NRS 154.170 Notice of sale: Posting, publication and contents; rejection of bids. 1. The Director of the State Department of Conservation and Natural Resources shall issue a receipt to the petitioner for the amount deposited in his or her trust and shall without any unnecessary d…

NRS 154.180 Costs borne by purchaser. The person to whom the title passes must pay the cost of advertising and the petition fee. When the title passes to a person other than the person who made the petition, the original petitioner must be reimbursed all moneys deposited by him o…

NRS 155.005 Enlargement. Notwithstanding any provision in this title, if an act is authorized or required to be performed at or within a specified period pursuant to this chapter: 1. The period may be extended upon the agreement of all interested persons, by written stipulation o…

NRS 155.010 Method of giving notice; notice to certain persons required; court may dispense with notice; proof; waiver of notice. 1. Except as otherwise provided in this section or a specific statute relating to the kind of notice required or otherwise ordered by the court in a p…

NRS 155.020 Method and form for notices. 1. Notice of a petition for probate and the issuance of letters and the notice to creditors must be given to: (a) The persons respectively entitled thereto, including the Director of the Department of Human Services, as provided in NRS 155…

NRS 155.030 Request for special notice: Filing by interested person after issuance of letters; filing by interested person in testamentary trust; effect of substitution or withdrawal of counsel. 1. At any time after the issuance of letters in the estate of a decedent, an interest…

NRS 155.040 Personal notice by citation. If personal notice is required by this title to be given to any person in the matter of an estate or testamentary trust, and no other mode of giving notice is prescribed, it must be given by citation, issued by the clerk and directed to th…

NRS 155.050 Service of citation. 1. The citation described in NRS 155.040 must be served by: (a) Certified mail, with a return receipt requested, on each person required to be served; or (b) Personal service in the manner provided pursuant to Rule 4(d) of the Nevada Rules of Civi…