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Code · Nevada · CHAPTER 21 - ENFORCEMENT OF JUDGMENTS

NRS 21.150 Conduct of sales of real and personal property under execution: Place and time; who may not be purchasers; sales of parcels; directions of judgment debtor.

324 words·~1 min read·/nv/chapter-21-enforcement-of-judgments/21-150·

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NRS 21.150 Conduct of sales of real and personal property under execution: Place and time; who may not be purchasers; sales of parcels; directions of judgment debtor.
1. All sales of property under execution must be made at auction to the highest bidder between the hours of 9 a.m. and 5 p.m. All sales of real property must be made at the courthouse of the county in which the property or some part thereof is situated.
2. After sufficient property has been sold to satisfy the execution, more property must not be sold.
3. The officer holding the execution and the officer’s deputy shall not become a purchaser or be interested in any purchase at such sale.
4. When the sale is of personal property capable of manual delivery, it shall be in view of those who attend the sale and be sold in such parcels as are likely to bring the highest price.
5. Except as otherwise provided in subsection 6, when the sale is of real property and consisting of several known lots or parcels, they shall be sold separately, or when a portion of such real property is claimed by a third person and the third party requires it to be sold separately, such portion shall be thus sold. If the land to be sold under execution consists of a single parcel, or two or more contiguous parcels, situated in two or more counties, notice of the sale must be posted and published in each of such counties, as provided in this chapter.
The judgment debtor, if present at the sale, may also direct the order in which property, real or personal, shall be sold. When such property consists of several known lots or parcels, or of articles which can be sold to advantage separately, the sheriff shall be bound to follow such directions.
6. The provisions of subsection 5 do not apply to a sale pursuant to NRS 40.430 .
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