If, after the confirmation, the purchaser neglects or refuses to comply with the terms of the sale, the court, on motion of the personal representative, and after notice to the purchaser, may vacate the order of confirmation and order a resale of the property. If the amount realized on the resale does not cover the bid and the expenses of the previous sale, the purchaser is liable to the estate for the deficiency.
NRS 148.300
Failure of purchaser to complete sale
Applied in 3 court decisions — leading case Regent International v. Lear (1981)
Most recently applied in Regent International v. Lear (February 1987)
[164:107:1941; 1931 NCL § 9882.164]—(NRS A 1999, 2321)
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.