159.1667 - Petition for confirmation of proceedings concerning agreement: When required; notice; hearing. - Nevada Statutes

159.1667  Petition for confirmation of proceedings concerning agreement: When required; notice; hearing.

      1.  If the purchaser or option holder complies with the terms of an agreement approved by the court pursuant to NRS 159.1657 and has made all payments according to the terms of the agreement, the guardian shall:

      (a) Make a return to the court of the proceedings; and

      (b) Petition the court for confirmation of the proceedings.

      2.  Notice must be given to the purchaser or option holder regarding the petition for confirmation.

      3.  The court:

      (a) Shall hold a hearing regarding the petition for confirmation; and

      (b) May order or deny confirmation of the proceedings and execution of the conveyances in the same manner and with the same effect as when the court orders or denies a confirmation of a sale of real property.

      (Added to NRS by 2003, 1766)