Nevada Revised Statutes 119.100 – ‘Sale’ defined
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‘Sale’ means any sale, exchange, lease, assignment or other transaction designed to convey an interest in any portion of a subdivision when undertaken for profit.
Terms Used In Nevada Revised Statutes 119.100
- 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