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Current as of January 01, 2025 | Updated by Findlaw Staff
For the purposes of regulation under this chapter and of imposing tort liability under NRS 41.440, and for no other purpose:
1. “Lease” means a contract by which the lienholder or owner of a vehicle transfers to another person, for compensation, the right to use such vehicle but does not include the sharing of a vehicle through a peer-to-peer car sharing program pursuant to chapter 482C of NRS.
2. “Long-term lessee” means a person who has leased a vehicle from another person for a fixed period of more than 31 days.
3. “Long-term lessor” means a person who has leased a vehicle to another person for a fixed period of more than 31 days.
4. “Short-term lessee” means a person who has leased a vehicle from another person for a period of 31 days or less, or by the day, or by the trip.
5. “Short-term lessor” means a person who has leased a vehicle to another person for a period of 31 days or less, or by the day, or by the trip.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 43. Public Safety; Vehicles; Watercraft § 482.053. “Lease,” “long-term lessee,” “long-term lessor,” “short-term lessee” and “short-term lessor” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-43-public-safety-vehicles-watercraft/nv-rev-st-482-053/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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