Disclosure of unknown defect not required; form does not constitute warranty; duty of buyer and prospective buyer to exercise reasonable care
Known as the Uniform Vendor and Purchaser Risk Act
The act spans §§ 113–113 (17 sections).
Applied in 1 court decision — leading case Nelson v. Heer (2007)
Most recently applied in Nelson v. Heer (July 2007)
(Added to NRS by 1995, 843; A 2001, 2896)
1. NRS 113.130 does not require a seller to disclose a defect in residential property of which the seller is not aware.
2. A completed disclosure form does not constitute an express or implied warranty regarding any condition of residential property.
3. Neither this chapter nor chapter 645 of NRS relieves a buyer or prospective buyer of the duty to exercise reasonable care to protect himself or herself.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.