{"data":{"id":"us-nv/nrs-119a.4777","jurisdiction":"us-nv","citation":"NRS 119A.4777","heading":"Requirements for agreement for resale of time share; time-share resale broker to provide copy of agreement to owner.","body":"1. An agreement for the resale of a time share entered into by an owner of that time share and a time-share resale broker who lists or offers to resell that time share must:\n(a) Be in writing;\n(b) Contain a provision in not less than 12-point boldface type that the owner may cancel, by written notice, the agreement with the time-share resale broker until midnight of the fifth calendar day after the date of execution of the agreement; and\n(c) Contain a written disclosure that sets forth:\n(1) Whether any person other than the purchaser may use the time share during the period before the time share is resold;\n(2) Whether any person other than the purchaser may rent the use of the time share during the period before the time share is resold;\n(3) The name of any person who will receive any rents or profits generated from the use of the time share during the period before the time share is resold;\n(4) A detailed description of any relationship between the person who resells the time share and any other person who receives any benefit from the use of the time share; and\n(5) The right to cancel the agreement provided pursuant to paragraph (b).\n2. The time-share resale broker who resells a time share shall provide a fully executed copy of the written agreement described in subsection 1 to the owner on the date that the owner signs the agreement.\n3. The time-share resale broker who resells a time share shall make the disclosures required pursuant to paragraph (c) of subsection 1 before accepting anything of value from the owner.","path":["TITLE 10 — PROPERTY RIGHTS AND TRANSACTIONS","CHAPTER 119A - TIME SHARES","RESALE OF TIME SHARES"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-119A.html#NRS119ASec4777","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:32Z","sha256":"65482b617577d9884c942b01472aa741c6d0e02012f69a65fbd319e93f616583","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-119a.4775","next":"us-nv/nrs-119a.4779"},"notice":"GroundRules: Original legal text. Not legal advice."}