Nevada Statutes

§ 39.685 — Considerations for partition in kind

Nevada·Title 3 REMEDIES; SPECIAL ACTIONS AND PROCEEDINGS·Ch. 39 Partition· HEIRS PROPERTY (UNIFORM ACT)

1. In determining under subsection 1 of NRS 39.680 whether partition in kind would result in great prejudice to the cotenants as a group, the court shall consider the following:

(a)Whether the heirs property practicably may be divided among the cotenants;
(b)Whether partition in kind would apportion the property in such a way that the aggregate fair market value of the parcels resulting from the division would be materially less than the value of the property if it were sold as a whole, taking into account the condition under which the court-ordered sale likely would occur;
(c)Evidence of the collective duration of ownership or possession of the property by a cotenant and one or more predecessors in title or predecessors in possession to the cotenant who are or were relatives of that co

Free access — add to your briefcase to read the full text and ask questions with AI

Nevada § 39.685 (Considerations for partition in kind) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 39.680
Nevada § 39.680

Legislative History

(Added to NRS by 2011, 314 )

Nearby Sections

15
View on official source ↗