GroundRules
NRS 111.865: Private transfer fee obligations prohibited.
Where this section sits in the code
- TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS
- CHAPTER 111 - ESTATES IN PROPERTY; CONVEYANCING AND RECORDING
- PRIVATE TRANSFER FEES FOR TRANSFER OF REAL PROPERTY
1. Except as otherwise provided in NRS 111.870:
(a) A person shall not, on or after May 20, 2011, create or record a private transfer fee obligation in this State; and
(b) A private transfer fee obligation that is created or recorded in this State on or after May 20, 2011, is void and unenforceable.
2. The provisions of subsection 1 do not validate or make enforceable any private transfer fee obligation that was created or recorded in this State before May 20, 2011.
Collected 2026-09-03T05:51:31Z. Source file · JSON