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NRS 159.159

Contract with broker to secure lessee

Known as the Uniform Adult Guardianship and Protective Proceedings Jurisdiction Act

The act spans §§ 159–159 (203 sections).

(Added to NRS by 1969, 428)

The court may authorize the guardian to enter into a written contract with one or more licensed real estate brokers to secure a lessee of the property of the protected person, which contract may provide for the payment of a commission, not exceeding 5 percent of the fixed rental for the first 2 years, to be paid out of the proceeds of any such lease.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.