Nev. Rev. Stat. § 111.865
Private transfer fee obligations prohibited
Nevada · Nevada Revised Statutes Chapter 111 — Estates in Property; Conveyancing and Recording · Status: effective
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- Citation
- Nev. Rev. Stat. § 111.865, Private transfer fee obligations prohibited, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2080655
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Full text
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.