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 transfer fee obligation, includes a description of the private transfer fee obligation and sets forth a notice in substantially the following form:
[Text not available]
A private transfer fee obligation has been created with respect to this property. The private transfer fee obligation may lower the value of this property. The laws of this State prohibit the enforcement of certain private transfer fee obligations that are created or recorded on or after May 20, 2011, (NRS 111.865) and impose certain notice requirements with respect to private transfer fee obligations that were created before May 20, 2011 (NRS 111.870).
[Text not available]

2.

As used in this section, “private transfer fee obligation” has the meaning ascribed to it in NRS 111.845.
Condition of Residential Property Offered for Sale

Source: Section 113.085 — Required disclosures by seller of real property subject to private transfer fee obligations., https://www.­leg.­state.­nv.­us/NRS/NRS-113.­html#NRS113Sec085.

Last Updated

Jun. 24, 2021

§ 113.085’s source at nv​.us