Nevada Code § 244.2795

Sale or lease of certain real property: Appraisal required; qualifications and selection of appraisers; disclosure statements; interest of appraiser or certain related persons in property or adjoining property prohibited; effect of sale or lease in violation of section
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1. Except as otherwise provided in NRS 244.189 , 244.276 , 244.279 , 244.2815 , 244.2825 , 244.2833 , 244.2835 , 244.284 , 244.287 , 244.290 , 278.479 to 278.4965 , inclusive, and subsection 3 of NRS 496.080 , except as otherwise required
by federal law, except as otherwise required pursuant to a cooperative
agreement entered into pursuant to NRS
277.050 or 277.053 or an interlocal
agreement in existence on or before October 1, 2004, except if the board of
county commissioners is entering into a joint development agreement for real
property owned by the county to which the board of county commissioners is a
party, except for a lease of residential property with a term of 1 year or
less, except for the sale or lease of real property to a public utility, as
defined in NRS 704.020 , to be used for a
public purpose, except for the sale or lease of real property to the State or
another governmental entity and except for the sale or lease of real property
larger than 1 acre which is approved by the voters at a primary or general
election or special election, the board of county commissioners shall, when
offering any real property for sale or lease:
(a) Except as otherwise provided in this
paragraph and paragraph (h) of subsection 1 of NRS 244.281 , obtain two independent
appraisals of the real property before selling or leasing it. If the board of
county commissioners holds a public hearing on the matter of the fair market
value of the real property, one independent appraisal of the real property is
sufficient before selling or leasing it. The appraisal or appraisals, as
applicable, must have been prepared not more than 6 months before the date on
which the real property is offered for sale or lease.
(b) Select the one independent appraiser or two
independent appraisers, as applicable, from the list of appraisers established
pursuant to subsection 2.
(c) Verify the qualifications of each appraiser
selected pursuant to paragraph (b). The determination of the board of county
commissioners as to the qualifications of the appraiser is conclusive.
2. The board of county commissioners shall
adopt by ordinance the procedures for creating or amending a list of appraisers
qualified to conduct appraisals of real property offered for sale or lease by
the board. The list must:
(a) Contain the names of all persons qualified to
act as a general appraiser in the same county as the real property that may be
appraised; and
(b) Be organized at random and rotated from time
to time.
3. An appraiser chosen pursuant to
subsection 1 must provide a disclosure statement which includes, without
limitation, all sources of income that may constitute a conflict of interest
and any relationship with the real property owner or the owner of an adjoining
real property.
4. An appraiser shall not perform an
appraisal on any real property for sale or lease by the board of county
commissioners if:
(a) The appraiser has an interest in the real
property or an adjoining property;
(b) The real property is located in a county
whose population is 52,000 or more and any person who is related to the
appraiser has an interest in the real property or an adjoining property and the
relationship between the appraiser and the person is within the third degree of
consanguinity or affinity; or
(c) The real property is located in a county
whose population is less than 52,000 and any person who is related to the
appraiser has an interest in the real property or an adjoining property and the
relationship between the appraiser and the person is within the second degree
of consanguinity or affinity.
5. If real property is sold or leased in
violation of the provisions of this section:
(a) The sale or lease is void; and
(b) Any change to an ordinance or law governing
the zoning or use of the real property is void if the change takes place within
5 years after the date of the void sale or lease.

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