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NRS 597.040

Required disclosures: Manner of making; transactions with multiple lessors; effect of inaccuracy caused by customer

Known as the Infant Crib Safety Act

The act spans §§ 597–597 (272 sections).

(Added to NRS by 1991, 517)

1. The disclosures required to be made by NRS 597.030 must be made:

(a) At or before the consummation of the lease agreement with an option to purchase; and

(b) Clearly and conspicuously in writing on the face of the agreement, directly above the line for the customer’s signature.

2. In a transaction involving more than one lessor, only one lessor is required to make the required disclosures, but all lessors are bound by those disclosures.

3. If a disclosure becomes inaccurate after it is delivered to the customer because of an act or omission of the customer, the resulting inaccuracy is not a violation of the provisions of NRS 597.010 to 597.110, inclusive.

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