Nevada Revised Statutes 489.717 – Dealer prohibited from requiring purchaser to obtain loan or financing from specific person; disclosure of prohibition to purchaser; regulations
Current as of: 2022 | Check for updates
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1. A dealer shall not require a person to obtain a loan or financing from the dealer or any other person as a condition to the purchase, sale or exchange of a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing.
Terms Used In Nevada Revised Statutes 489.717
- 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 dealer shall disclose the substance of subsection 1 to each person with whom the dealer agrees to purchase, sell or exchange a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing. The Division may adopt regulations concerning the form and manner of the disclosure.