Nev. Rev. Stat. § 489.7156

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 489.7156 - Requirements for enforceability of brokerage agreement granting dealer exclusive right to assist, solicit or negotiate sale or exchange of interest in manufactured home, mobile home, manufactured building or commercial coach or factory-built housing

A brokerage agreement that includes a provision that grants a dealer the exclusive right to assist, solicit or negotiate the sale or exchange of an interest in a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing on behalf of a client is enforceable if the agreement:

1. Is in writing;

2. Sets forth the date the brokerage agreement expires;

3. Does not require the client to perform any act concerning the brokerage agreement after the agreement expires; and

4. Is signed by the client or the client's representative and the dealer or the dealer's representative.

NRS 489.7156

Added to NRS by 1999, 859; A 2009, 1921