Nevada Revised Statutes 489.7154 – Contract for sale or exchange of interest in mobile home, manufactured home, manufactured building or commercial coach or factory-built housing: Essential provisions required before buyer may sign; dealer authorized…
1. Except as otherwise provided in subsection 2, a dealer shall not obtain or attempt to obtain the signature of a buyer on a contract for the sale or exchange of an interest in a mobile home, manufactured home, manufactured building or commercial coach or factory-built housing if any of the essential provisions of the contract are not set forth in the contract.
Terms Used In Nevada Revised Statutes 489.7154
- Contract: A legal written agreement that becomes binding when signed.
2. The dealer may insert:
(a) The identification number or identifying marks of a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing; and
(b) The date the first installment payment for the sale or exchange is due from the buyer, into the blank spaces of a contract after the contract has been signed by a buyer if the manufactured home, mobile home, manufactured building, commercial coach or factory-built housing was not delivered to the buyer on the date the contract was executed.
3. The Administrator shall prescribe, by regulation, the essential provisions of a contract.