Except as otherwise provided in NRS 279.486, every redevelopment plan must provide for the agency to lease or sell all real property acquired by it in any redevelopment area, except property conveyed by it to the community. Any such lease or sale must be conditioned on the redevelopment and use of the property in conformity with the redevelopment plan.
NRS 279.574
Contents of redevelopment plan: Leases and sales of real property by agency
Known as the Community Redevelopment Law
The act spans §§ 279–279 (157 sections).
(Added to NRS by 1959, 662; A 1985, 2075)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.