1. To declare a residential multifamily rental property to be a substandard property, the district court must find: (a) The residential multifamily rental property is maintained in a way that violates one or more applicable habitability standards, housing codes or building codes, or any statute or ordinance relating to habitability, building safety or fire safety; and (b) The condition of the residential multifamily rental property that is caused by the violation or violations described in paragraph (a) is so extensive and of such a nature that the health and safety of the residents of the building or the public is substantially endangered. 2. In determining whether to appoint a receiver for a substandard property, the district court shall consider whether the owner of the substandard property has been afforded a reasonable opportunity to repair or rehabilitate the property or otherwise abate the condition. 3. The district court: (a) Except as otherwise provided in paragraph (b), may appoint a nonprofit organization, community development corporation or other person as a receiver. (b) Shall not appoint any nonprofit organization, community development corporation or person as a receiver unless the nonprofit organization, community development corporation or person has demonstrated to the district court the necessary capacity and expertise to develop and supervise a viable financial and construction plan for the satisfactory rehabilitation of the substandard property. 4. An order issued by a district court declaring a residential multifamily rental property to be a substandard property must, without limitation, set forth: (a) The conditions found by the district court that make the residential multifamily rental property a substandard property; and (b) The repairs, rehabilitations and abatements that the district court finds to be necessary in order to correct each violation of a habitability standard, housing code or building code, or any statute or ordinance relating to habitability, building safety or fire safety. 5. The provisions of NRS 32.100 to 32.370 , inclusive, and any rules adopted by the Supreme Court pursuant to NRS 32.270 apply to any receiver appointed pursuant to this section for a substandard property.
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