Nevada Code § 40.650

Effect of rejecting reasonable offer of settlement; effect of failing to take certain actions concerning defect; effect of coverage available under homeowners warranty
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1. If a claimant unreasonably rejects a
reasonable written offer of settlement made as part of a response pursuant to
paragraph (b) of subsection 2 of NRS
40.6472 and thereafter commences an action governed by NRS 40.600 to 40.695 , inclusive, the court in which the
action is commenced may:
(a) Deny the claimants attorneys fees and
costs; and
(b) Award attorneys fees and costs to the
contractor.
Any sums
paid under a builders warranty, other than sums paid in satisfaction of claims
that are collateral to any coverage issued to or by the contractor, must be
deducted from any recovery.
2. If a contractor, subcontractor,
supplier or design professional fails to:
(a) Comply with the provisions of NRS 40.6472 ;
(b) Make an offer of settlement;
(c) Make a good faith response to the claim
asserting no liability;
(d) Agree to a mediator or accept the appointment
of a mediator pursuant to NRS 40.680 ; or
(e) Participate in mediation,
the
limitations on damages and defenses to liability provided in NRS 40.600 to 40.695 , inclusive, do not apply and the
claimant may commence an action or amend a complaint to add a cause of action
for a constructional defect without satisfying any other requirement of NRS 40.600 to 40.695 , inclusive.
3. If a residence or appurtenance that is
the subject of the claim is covered by a builders warranty, a claimant shall
diligently pursue a claim under the builders warranty.
4. Nothing in this section prohibits an
offer of judgment pursuant to Rule
68 of the Nevada Rules of Civil Procedure or NRS 17.117 or 40.652 .

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