Nev. Rev. Stat. § 487.830

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 487.830 - Transfer of interest in motor vehicle: Transferor to disclose in writing information as to status of vehicle as salvage, rebuilt or reconstructed; additional duties of transferor; criminal penalty
1. Any person who transfers an interest in a motor vehicle in this State shall, before the transfer, disclose in writing to the transferee any information that the transferor knows or reasonably should know concerning whether the vehicle is a salvage vehicle, a rebuilt vehicle or a reconstructed vehicle, as that term is defined in NRS 482.100.
2. If the transferor is subject to any of the provisions of NRS 482.423 to 482.4245, inclusive, the transferor shall:
(a) Make the disclosure required by subsection 1 before executing a contract of sale or a long-term lease;
(b) Provide a copy of the disclosure to the transferee; and
(c) Retain the written disclosure in his or her records for the period specified in NRS 482.3263.
3. A person who violates subsection 1 is guilty of obtaining property by false pretenses as provided in NRS 205.380.

NRS 487.830

Added to NRS by 2003, 1909; A 2007, 3415
Added to NRS by 2003, 1909; A 2007, 3415