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NEVADA STATUTES AND CODES

320.130 - Sale of real property within district prohibited without notice to purchaser of existence of district and amount of assessments.

320.130  Sale of real property within district prohibited without notice to purchaser of existence of district and amount of assessments.  An owner of real property that is located within a district shall not sell that real property unless the owner provides a written notice to the purchaser of the real property:

      1.  Stating that the real property is located within the district; and

      2.  Specifying the amount of the assessments paid for that real property pursuant to NRS 320.010 to 320.140, inclusive, for:

      (a) The immediately preceding 2 years, if the district has been in existence for 2 years or more before the date the notice is provided to the purchaser; or

      (b) The period since the district was created, if the district has been in existence for less than 2 years before the date the notice is provided to the purchaser.

      (Added to NRS by 1999, 2088)

     

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