NAC482.935. Disclosure required before entry into new agreement for sale of vehicle to customer following exercise of valid option to cancel sale of vehicle to customer.

If, in the course of his or her business or occupation, a seller of a vehicle exercises a valid option to cancel the sale of a vehicle to a customer, before the seller and customer may enter into a new agreement for the sale of the same vehicle on different terms or for the sale of a different vehicle, the seller must provide, and the customer must sign, the disclosure required by the Department pursuant to subsection 3 of NRS 482.554. The disclosure must be on a form provided by the Department.

     (Added to NAC by Dep’t of Motor Veh. by R115-05, eff. 10-31-2005)