519.040 - Liability of claimant for failure to institute action after service of notice. - Nevada Statutes

519.040  Liability of claimant for failure to institute action after service of notice.  If any person, copartnership, association or corporation claiming title to or right of possession of such mine, mines, mining claim, claims or premises, not having before then brought action, shall serve a notice upon any purchaser or purchasers or intending purchaser or purchasers of ore or ores, as provided in NRS 519.030, and shall fail or neglect to institute an action as required in NRS 519.030, such notice shall be deemed to have been waived, and the person or persons serving such notice shall be liable to the persons injured thereby in double damages including costs and reasonable attorney fees, and such purchaser or purchasers or intending purchaser or purchasers shall not be bound by anything therein contained.

      [4:167:1907; RL § 2490; NCL § 4188]