Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter598 Miscellaneous Trade Regulations and Deceptive Trade Practices |
ESCROW OF ACCOUNTS FOR THE SALE OF MOBILE HOMES |
NAC598.050. Closure of account.
Latest version.
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1. Before the close of escrow, the dealer shall provide the escrow agent the serial number of the mobile home being sold to the purchaser.
2. The escrow account terminates:
(a) When all the requirements of the escrow instructions have been met; or
(b) When a written agreement of the parties to the escrow requires a termination and the terms of the agreement do not conflict with NAC 598.010 to 598.060, inclusive.
[Mfd. Housing Div., Escrow Accounts Reg. §§ 2.7 & 2.8, eff. 12-30-81]