"Prospective purchaser" defined.

Checkout our iOS App for a better way to browser and research.

"Prospective purchaser" means a person who is not a responsible party and who has entered into a contract, or holds an option, to purchase an eligible property for its fair market value in a transaction at arm’s length.

(Added to NRS by 1999, 2689)


Download our app to see the most-to-date content.