Nevada Revised Statutes 645.259 – Liability of licensee for misrepresentation made by client; failure of seller to make required disclosures is public record
Current as of: 2022 | Check for updates
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A licensee may not be held liable for:
Terms Used In Nevada Revised Statutes 645.259
- 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
1. A misrepresentation made by his or her client unless the licensee:
(a) Knew the client made the misrepresentation; and
(b) Failed to inform the person to whom the client made the misrepresentation that the statement was false.
2. Except as otherwise provided in this subsection, the failure of the seller to make the disclosures required by NRS 113.130 and 113.135 if the information that would have been disclosed pursuant to NRS 113.130 and 113.135 is a public record which is readily available to the client. Notwithstanding the provisions of this subsection, a licensee is not relieved of the duties imposed by paragraph (a) of subsection 1 of NRS 645.252.