Nevada Code § 489.778

Potential liability of transferor and agent to transferee; options of transferee upon disclosure; rights and remedies additional
Open in Lexace · Ask the AI about this section
1. A transferor or his or her agent, or
both, who violates any provision of NRS
489.776 may be held liable to the transferee in any action at law or in equity.
2. An agent of a transferee who has actual
knowledge of any information required to be disclosed pursuant to NRS 489.776 may be held liable to the
transferee in any action at law or in equity if the agent fails to disclose
that information to the transferee.
3. If a transferor makes a disclosure
pursuant to NRS 489.776 , the transferee
may:
(a) Rescind the agreement to purchase, lease or
take possession of the manufactured home, mobile home, manufactured building,
commercial coach or factory-built housing;
(b) Make the agreement to purchase, lease or take
possession of the manufactured home, mobile home, manufactured building,
commercial coach or factory-built housing contingent upon the repair of any
damage to the manufactured home, mobile home, manufactured building, commercial
coach or factory-built housing that has been caused by the manufacturing of any
material, compound, mixture or preparation which contains any quantity of
methamphetamine; or
(c) Accept the manufactured home, mobile home,
manufactured building, commercial coach or factory-built housing with the
damage as disclosed by the transferor without further recourse.
4. The rights and remedies provided by
this section are in addition to any other rights or remedies that may exist at
law or in equity.

‹ Prev All Nevada sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.