Nevada Contract for Sale of Real Property (To Be Used for a Communication System)
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2022 Nevada Revised Statutes. Chapter 277 - Cooperative Agreements: State, Counties, Cities, Districts and Other Public Agencies. NRS 277.035 - Implied agreement between law enforcement agencies in absence of interlocal or cooperative agreement.
The Nevada Supreme Court has stated general principles. The procuring cause sets ?in motion a chain of events which, without break in the continuity, cause the buyer and seller to come to terms as the proximate result of his or her peculiar activities.? Binder v. Levy Realty Co., 106 Nev.
The seller must complete the ?Seller's Real Property Disclosure? form, detailing the condition of the property, known defects, and any other aspects of the property which may affect its use or value. A real estate licensee, unless he is the seller of the property, may not complete this form.
Any licensee, permittee or owner-developer who commits an act described in NRS 645.630, 645.633 or 645.635 shall be punished by a fine of not more than $5,000 for each offense.
The licensee may within 10 days after his or her receipt of the decision petition the Commission for a rehearing.
The Nevada statutes also require real estate advertising to disclose the fact that the advertised property is represented by a broker. All advertising must clearly feature both the license number and name of the brokerage doing the advertising.
Are oral contracts legal in Nevada? Is a contract dispute arising from an oral contract admissible in court? You can legally uphold an oral contract, states an article by the Las Vegas Tribune, if you have enough evidence that the terms in your agreement were clear and that you have a valid discrepancy.
A fine of up to $5,000.00 per violation for any person or corporation licensed as an owner-developer.