NAC482.290. Acknowledgment of lessee concerning short-term lease of replacement vehicle.

     1. In a county where a fee is imposed pursuant to NRS 244A.810 or 244A.860 upon the lease of a passenger car by a short-term lessor, a short-term lessor may include in such a lease an acknowledgment in substantially the following form:

ACKNOWLEDGMENT OF LESSEE CONCERNING

SHORT-TERM LEASE OF REPLACEMENT VEHICLE

     I understand and acknowledge that if I am renting this vehicle for the purpose of using it in place of a motor vehicle I own that is unavailable for use because of mechanical breakdown, repair, service, damage or loss as defined in my policy of liability insurance for that unavailable motor vehicle, I may claim an exemption from the county fee imposed pursuant to chapter 244A of the Nevada Revised Statutes upon the short-term lease of a passenger vehicle.

     I understand and acknowledge that by placing my initials below, I am affirming that I am in fact renting this vehicle for the purpose of using it in place of a motor vehicle I own that is unavailable for use as described above.

     I further understand and acknowledge that if I place my initials below and I am not in fact renting this vehicle for the purpose of using it in place of a motor vehicle I own that is unavailable for use as described above, I may be held liable for any fee that is waived or refunded to me by virtue of my having placed my initials below.

                   ..............

                    (initials)

     2. The Department of Taxation shall make available at its office and on its Internet website acknowledgments in substantially the form prescribed in subsection 1.

     3. A short-term lessor who obtains the initials of a short-term lessee on an acknowledgment in substantially the form prescribed in subsection 1:

     (a) Is not required to collect from the short-term lessee any fee imposed by a county pursuant to NRS 244A.810 or 244A.860 upon any lease to which the acknowledgment applies, unless the short-term lessor obtains those initials with intent to defraud the Department of Taxation or to evade the payment of the fee.

     (b) Shall file the initialed acknowledgment with his or her records and make the acknowledgment available to the Department of Taxation for inspection upon request.

     4. This section does not require a short-term lessor to inform a short-term lessee of the potential availability of any exemption from a fee imposed by a county pursuant to NRS 244A.810 or 244A.860 upon the lease of a passenger car by a short-term lessor.

     5. As used in this section, the words and terms defined in NRS 482.053 and 482.087 have the meanings ascribed to them in those sections.

     (Added to NAC by Dep’t of Taxation by R033-04, 5-12-2004)