487.830 - Transfer of interest in motor vehicle: Transferor to disclose in writing information as to status of vehicle as salvage, rebuilt or reconstructed; additional duties of transferor; criminal p - Nevada Statutes

487.830  Transfer of interest in motor vehicle: Transferor to disclose in writing information as to status of vehicle as salvage, rebuilt or reconstructed; additional duties of transferor; criminal penalty.

      1.  Any person who transfers an interest in a motor vehicle in this State shall, before the transfer, disclose in writing to the transferee any information that the transferor knows or reasonably should know concerning whether the vehicle is a salvage vehicle, a rebuilt vehicle or a reconstructed vehicle, as that term is defined in NRS 482.100.

      2.  If the transferor is subject to any of the provisions of NRS 482.423 to 482.4245, inclusive, the transferor shall:

      (a) Make the disclosure required by subsection 1 before executing a contract of sale or a long-term lease;

      (b) Provide a copy of the disclosure to the transferee; and

      (c) Retain the written disclosure in his or her records for the period specified in NRS 482.3263.

      3.  A person who violates subsection 1 is guilty of obtaining property by false pretenses as provided in NRS 205.380.

      (Added to NRS by 2003, 1909; A 2007, 3415)