NRS 597.040
Required disclosures: Manner of making

  • transactions with multiple lessors
  • effect of inaccuracy caused by customer.


The disclosures required to be made by NRS 597.030 must be made:


At or before the consummation of the lease agreement with an option to purchase; and


Clearly and conspicuously in writing on the face of the agreement, directly above the line for the customer’s signature.


In a transaction involving more than one lessor, only one lessor is required to make the required disclosures, but all lessors are bound by those disclosures.


If a disclosure becomes inaccurate after it is delivered to the customer because of an act or omission of the customer, the resulting inaccuracy is not a violation of the provisions of NRS 597.010 to 597.110, inclusive.

Source: Section 597.040 — Required disclosures: Manner of making; transactions with multiple lessors; effect of inaccuracy caused by customer., https://www.­leg.­state.­nv.­us/NRS/NRS-597.­html#NRS597Sec040.

Last Updated

Jun. 24, 2021

§ 597.040’s source at nv​.us