Nevada Revised Statutes 598.9809 – Agreement for lease of distributed generation system: Cover page
An agreement for the lease of a distributed generation system must include a cover page that provides the following information in at least 10-point font:
Terms Used In Nevada Revised Statutes 598.9809
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
1. The amounts due at the signing for and at the completion of the installation or any inspection of the distributed generation system.
2. An estimated timeline for the installation of the distributed generation system.
3. The estimated amount of the monthly payments due under the lease in the first year of operation of the distributed generation system.
4. The length of the term of the lease.
5. A description of any warranties.
6. The rate of any payment increases.
7. The identification of any state or federal tax incentives that are included in calculating the amount of the monthly payments due under the lease.
8. The estimated production of the distributed generation system in the first year of operation.
9. A description of the terms for renewal or any other options available at the end of the term of the lease.
10. A description of any option to purchase the distributed generation system before the end of the term of the lease.
11. Notice of the existence of the Recovery Fund administered by the State Contractors’ Board pursuant to NRS 624.470.
12. Notice that a person financially damaged by a licensed contractor who performs work on a residence may be eligible to recover certain financial damages from the Recovery Fund.
13. Notice that a host customer may file a complaint with the Public Utilities Commission of Nevada.
14. Contact information for the State Contractors’ Board and the Public Utilities Commission of Nevada, including, without limitation, a telephone number.