Nevada Administrative Code (Last Updated: January 6, 2015)

NAC116B.510. Resale packages: Inclusion of information relating to certain rental management agreements.

Latest version.

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.

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

                    
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