contracts

Common-Interest Community Resale Package (Nevada)

Under NRS 116.4109, a seller of a unit in a Nevada common-interest community (HOA) must furnish the buyer, at the seller's expense, a resale package including the declaration, bylaws and rules; the information statement; the monthly assessment and unpaid obligations; the budget, financial statement and reserves summary; known judgments and lawsuits; and transfer and other fees. The buyer may cancel until midnight of the 5th calendar day after receiving the package.