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NRS 113.100

Definitions

Known as the Uniform Vendor and Purchaser Risk Act

The act spans §§ 113–113 (17 sections).

Applied in 2 court decisions — leading case Nelson v. Heer (2007)

Most recently applied in Saticoy Bay, Llc, Ser. 8320 Bermuda Beach Vs. S. Shores Cmty. Ass'N (October 2020)

(Added to NRS by 1995, 842; A 1999, 1446)

As used in NRS 113.100 to 113.150, inclusive, unless the context otherwise requires:

1. “Defect” means a condition that materially affects the value or use of residential property in an adverse manner.

2. “Disclosure form” means a form that complies with the regulations adopted pursuant to NRS 113.120.

3. “Dwelling unit” means any building, structure or portion thereof which is occupied as, or designed or intended for occupancy as, a residence by one person who maintains a household or by two or more persons who maintain a common household.

4. “Residential property” means any land in this state to which is affixed not less than one nor more than four dwelling units.

5. “Seller” means a person who sells or intends to sell any residential property.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.