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Current as of January 01, 2025 | Updated by Findlaw Staff
A lease agreement with an option to purchase may not contain:
1. A confession of judgment.
2. A negotiable instrument.
3. A security interest or any other claim to an interest in property other than the property delivered by the lessor pursuant to the agreement.
4. An assignment of wages.
5. A waiver by the customer of any claims or defenses.
6. A provision authorizing the lessor, or any other person acting on his or her behalf, to commit any breach of the peace, in order to repossess the leased property.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 52. Trade Regulations and Practices § 597.060. Lease agreement: Prohibited provisions - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-52-trade-regulations-and-practices/nv-rev-st-597-060/
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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