A board of trustees may sell any real property owned by the district without complying with the provisions of NRS 318.5122 and 318.5123 to:

Terms Used In Nevada Revised Statutes 318.5124

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Trustees: means the members of a board. See Nevada Revised Statutes 318.020

1.  A person who owns real property located adjacent to the real property to be sold if the board has determined by resolution that the sale will be in the best interest of the district and the real property is a:

(a) Parcel that, as a result of its size, is too small to establish an economically viable use by anyone other than the person who owns real property adjacent to the real property for sale; or

(b) Parcel which is subject to a deed restriction prohibiting the use of the real property by anyone other than the person who owns real property adjacent to the real property for sale.

2.  The State or another governmental entity if:

(a) The sale restricts the use of the real property to a public use; and

(b) The board adopts a resolution finding that the sale will be in the best interest of the district.