NRS320.130. Sale of real property within district prohibited without notice to purchaser of existence of district and amount of assessments.  


Latest version.
  •   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:

          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 NRS 320.010 to 320.140, inclusive, 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.

      (Added to NRS by 1999, 2088)