Nevada Notice to Tenant Regarding Property Having Been Sold

State:
Multi-State
Control #:
US-1340741BG
Format:
Word; 
Rich Text
Instant download

Description

As the title indicates, this form is a notice to tenant regarding property having been sold.

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FAQ

This was the second time I was asked this question in the last two weeks. Any Nevada landlord has the right to sell their investment property whether the property is occupied by a tenant or not and the tenant is required to give the landlord reasonable access to show the property.

Landlord Right to Entry in Nevada Landlords are required to give at least 24 hours' notice before entering an occupied property. This standard can be increased by a lease agreement, but not decreased.

Can a landlord break a lease in Nevada? A landlord in Nevada is allowed to break a lease if a tenant intentionally damages the property and/or doesn't comply with the rental agreement, such as not paying rent on time.

Notice Requirements for Nevada Tenants You must provide the same amount of notice (30 days) as the landlord (unless your rental agreement provides for a shorter amount of notice).

Nevada is one of several states that allow tenants to break a lease for any reason and will not hold renters responsible for the entire amount of the remaining lease. Under Nevada Revised Statute 118.175, the landlord must make their "reasonable best efforts" to re-rent the unit as quickly as possible.

The minimum notice requirement is 28 days. If you have a monthly tenancy, you will have to give one month's notice. If you pay your rent at longer intervals you have to give notice equivalent to that rental period. For example, if you pay rent every three months, you would have to give three months' notice.

Landlords can terminate periodic tenancies by giving 90 days' notice where: Selling a Property: Selling a Tenanted Property A landlord can sell a tenanted property providing that they notify the tenant as soon as the property goes on the market.

Nevada law requires a thirty-day notice to the tenant (or a seven-day notice if the tenant pays rent weekly), followed by a second five-day Notice to Quit for Unlawful Detainer (after the first notice period has elapsed) instructing the tenant to leave because tenant's presence is now unlawful.

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Nevada Notice to Tenant Regarding Property Having Been Sold