Nev. Admin. Code § 116B.510

Current through November 8, 2024
Section 116B.510 - Resale packages: Inclusion of information relating to certain rental management agreements

In addition to the information required by subsection 1 of NRS 116B.760, a unit's owner or the authorized agent of the unit's owner must also include with the resale package:

1. A statement informing the purchaser whether the unit to be sold is subject to any rental management agreement that is legally binding upon the purchaser after the purchase of the unit; and
2. If the unit to be sold is subject to a rental management agreement that is legally binding upon the purchaser after the purchase of the unit, a copy of the rental management agreement and any amendments or modifications.

Nev. Admin. Code § 116B.510

Added to NAC by Comm'n for Common-Interest Communities & Condo. Hotels by R186-07, eff. 5-5-2011

NRS 116B.785, 116B.805