NRS 111.865
Private transfer fee obligations prohibited.

1.

Except as otherwise provided in NRS 111.870:

(a)

A person shall not, on or after May 20, 2011, create or record a private transfer fee obligation in this State; and

(b)

A private transfer fee obligation that is created or recorded in this State on or after May 20, 2011, is void and unenforceable.

2.

The provisions of subsection 1 do not validate or make enforceable any private transfer fee obligation that was created or recorded in this State before May 20, 2011.

Source: Section 111.865 — Private transfer fee obligations prohibited., https://www.leg.state.nv.us/NRS/NRS-111.html#NRS111Sec865 (accessed May 26, 2025).

111.825
Definitions. 111.830
“Buyer” defined. 111.835
“Payee” defined. 111.840
“Private transfer fee” defined. 111.845
“Private transfer fee obligation” defined. 111.850
“Seller” defined. 111.855
“Transfer” defined. 111.860
Legislative findings and declaration. 111.865
Private transfer fee obligations prohibited. 111.870
Creation before May 20, 2011 111.875
Enforcement of private transfer fee obligations created before May 20, 2011. 111.880
Liability for creation after May 20, 2011.

May 26, 2025

§ 111.865. Private transfer fee obligations prohibited.'s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_111.865

Original Source: Section 111.865 — Private transfer fee obligations prohibited., https://www.leg.state.nv.us/NRS/NRS-111.html#NRS111Sec865 (last accessed May 10, 2025).

NRS 111.865 Private transfer fee obligations prohibited.

1.

(a)

(b)

2.

NRS 111.865
Private transfer fee obligations prohibited.