Nevada Revised Statutes 119A.702 – Restrictions on promotional material; completion of improvements portrayed in promotional material
Current as of: 2022 | Check for updates
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1. It is unlawful for any person to display or deliver to prospective purchasers of time shares promotional material that describes or portrays an improvement that has not been made to the project unless the improvement is conspicuously labeled or identified with the phrase ‘MUST BE BUILT’ or ‘NEED NOT BE BUILT’ or with other similar language approved by the Division.
Terms Used In Nevada Revised Statutes 119A.702
- 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
2. A developer shall construct and complete any improvement to a project that is described or portrayed in promotional material for the sale of time shares unless the improvement is labeled or identified as ‘NEED NOT BE BUILT’ or with other similar language approved by the Division.