Nevada Revised Statutes 320.130 – Sale of real property within district prohibited without notice to purchaser of existence of district and amount of assessments
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An owner of real property that is located within a district shall not sell that real property unless the owner provides a written notice to the purchaser of the real property:
Terms Used In Nevada Revised Statutes 320.130
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. Stating that the real property is located within the district; and
2. Specifying the amount of the assessments paid for that real property pursuant to this chapter for:
(a) The immediately preceding 2 years, if the district has been in existence for 2 years or more before the date the notice is provided to the purchaser; or
(b) The period since the district was created, if the district has been in existence for less than 2 years before the date the notice is provided to the purchaser.