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Current as of January 01, 2025 | Updated by Findlaw Staff
1. The disclosures required to be made by NRS 597.030 must be made:
(a) At or before the consummation of the lease agreement with an option to purchase; and
(b) Clearly and conspicuously in writing on the face of the agreement, directly above the line for the customer's signature.
2. In a transaction involving more than one lessor, only one lessor is required to make the required disclosures, but all lessors are bound by those disclosures.
3. If a disclosure becomes inaccurate after it is delivered to the customer because of an act or omission of the customer, the resulting inaccuracy is not a violation of the provisions of NRS 597.010 to 597.110, inclusive.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 52. Trade Regulations and Practices § 597.040. Required disclosures: Manner of making; transactions with multiple lessors; effect of inaccuracy caused by customer - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-52-trade-regulations-and-practices/nv-rev-st-597-040/
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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