489.717 - Dealer prohibited from requiring purchaser to obtain loan or financing from specific person; disclosure of prohibition to purchaser; regulations. - Nevada Statutes

489.717  Dealer prohibited from requiring purchaser to obtain loan or financing from specific person; disclosure of prohibition to purchaser; regulations.

      1.  A dealer shall not require a person to obtain a loan or financing from the dealer or any other person as a condition to the purchase, sale or exchange of a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing.

      2.  A dealer shall disclose the substance of subsection 1 to each person with whom the dealer agrees to purchase, sell or exchange a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing. The Division may adopt regulations concerning the form and manner of the disclosure.

      (Added to NRS by 1987, 2087; A 2009, 1922)