Title 10

NRS 113.050 Construction. NRS 113.030 and 113.040 shall be interpreted and construed to effectuate its general purpose to make uniform the law of those states which enact it. (Added to NRS by 1977, 659) REQUIRED DISCLOSURES General Information

NRS 113.060 Certain sellers to give notice of rates for water and sewerage services. 1. Any person who is proposing to sell a previously unsold home or improved lot for which water or sewerage services will be provided by a public utility that: (a) Serves or plans to serve more t…

NRS 113.065 Required disclosures upon sale of home or improved lot adjacent to open range; disclosures constitute affirmative defense in action resulting from presence of certain rights-of-way or of livestock entering property. 1. Before the purchaser of a home or an improved or …

NRS 113.070 Required disclosures by certain sellers relating to zoning classifications, designations in master plan regarding land use and general land uses described in master plan. 1. Before the initial purchaser of a residence signs a sales agreement or opens escrow, whichever…

NRS 113.080 Additional required disclosures by certain sellers in county whose population is 700,000 or more relating to gaming enterprise districts. 1. Except as otherwise provided in subsection 3, in a county whose population is 700,000 or more, a seller may not sign a sales ag…

NRS 113.085 Required disclosures by seller of real property subject to private transfer fee obligations. 1. A seller of real property that is subject to a private transfer fee obligation shall furnish to the buyer a written statement which discloses the existence of the private t…

NRS 113.100 Definitions. As used in NRS 113.100 to 113.150, inclusive, unless the context otherwise requires: 1. “Defect” means a condition that materially affects the value or use of residential property in an adverse manner. 2. “Disclosure form” means a form that complies with …

NRS 113.110 Conditions required for “conveyance of property” and to complete service of document. For the purposes of NRS 113.100 to 113.150, inclusive: 1. A “conveyance of property” occurs: (a) Upon the closure of any escrow opened for the conveyance; or (b) If an escrow has not…

NRS 113.120 Regulations prescribing format and contents of form for disclosing condition of property. The Real Estate Division of the Department of Business and Industry shall adopt regulations prescribing the format and contents of a form for disclosing the condition of resident…

NRS 113.130 Completion and service of disclosure form before conveyance of property; discovery or worsening of defect after service of form; limitation on liability of seller’s agent; exceptions; waiver. 1. Except as otherwise provided in subsection 2: (a) At least 10 days before…

NRS 113.135 Certain sellers to provide copies of certain provisions of NRS and give notice of certain soil reports; initial purchaser entitled to rescind sales agreement in certain circumstances; waiver of right to rescind. 1. Upon signing a sales agreement with the initial purch…

NRS 113.140 Disclosure of unknown defect not required; form does not constitute warranty; duty of buyer and prospective buyer to exercise reasonable care. 1. NRS 113.130 does not require a seller to disclose a defect in residential property of which the seller is not aware. 2. A …

NRS 113.150 Remedies for seller’s delayed disclosure or nondisclosure of defects in property; waiver. 1. If a seller or the seller’s agent fails to serve a completed disclosure form in accordance with the requirements of NRS 113.130, the purchaser may, at any time before the conv…