Nevada § 393.328 Appraisers: Appointment, report and compensation

Nevada Statutes

§ 393.328 — Appraisers: Appointment, report and compensation

Nevada § 393.328

Title 34EDUCATION

Ch. 393School

EXCHANGE OF REAL PROPERTY BELONGING TO SCHOOL DISTRICT

This text of Nevada § 393.328 (Appraisers: Appointment, report and compensation) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 393.328 (2026).

Text

1.When the board of trustees proposes to exchange real property, the board shall appoint one appraiser. The owner of the other real property proposed to be exchanged shall appoint one appraiser. A third appraiser shall be appointed by the Superintendent of Public Instruction.

2.The appraisers shall make a report to the board of trustees of their findings and determinations of the cash market value of the real properties proposed to be exchanged.

3.The exchange of real property shall be made only at the values fixed by the appraisers. If the real properties sought to be exchanged are not of equal value, the owner of the parcel of real property of lesser value shall pay in money to the owner of the parcel of real property of greater value the difference.

4.The compensation of the apprais

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1. When the board of trustees proposes to exchange real property, the board shall appoint one appraiser. The owner of the other real property proposed to be exchanged shall appoint one appraiser. A third appraiser shall be appointed by the Superintendent of Public Instruction.
2. The appraisers shall make a report to the board of trustees of their findings and determinations of the cash market value of the real properties proposed to be exchanged.
3. The exchange of real property shall be made only at the values fixed by the appraisers. If the real properties sought to be exchanged are not of equal value, the owner of the parcel of real property of lesser value shall pay in money to the owner of the parcel of real property of greater value the difference.
4. The compensation of the appraisers shall be fixed by the board of trustees, and shall be a legal charge against the school district.