NRS321.125. Sale of state land to public agency or local government.

Latest version.

      1. The State Land Registrar may make direct sales of lands owned by the State to a public agency or local government of the State if the land is:

      (a) Not needed for use by the State; and

      (b) Needed for a valid public use.

      2. Land sold pursuant to this section must be sold at a price equal to at least the current fair market value of the land plus the costs of the sale, including expenses related to the appraisal of the land.

      3. As used in this section, “local government” has the meaning ascribed to it in NRS 354.474.

(Added to NRS by 1989, 509; A 1997, 965)

                    
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