Nev. Rev. Stat. § 119A.285
Developers: Inapplicability of certain provisions to offer or disposition of certain time shares
Nevada · Nevada Revised Statutes Chapter 119A — Time Shares · Status: effective
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- Citation
- Nev. Rev. Stat. § 119A.285, Developers: Inapplicability of certain provisions to offer or disposition of certain time shares, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2082201
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Full text
The provisions of NRS 119A.290 to 119A.470, inclusive, 119A.480 and 119A.720 do not apply to a developer who has a valid permit issued pursuant to this chapter concerning the offer or disposition in this State of a time share in a time-share plan which includes units which are:
1. Located outside of this State;
2. Not registered pursuant to the provisions of this chapter; and
3. Offered or sold to an existing owner of a time-share plan offered by that developer or an affiliate of that developer if the developer or the affiliate:
(a) Authorizes the purchaser to cancel the purchase contract until midnight of the fifth calendar day after the date of the execution of the contract; and
(b) Provides the purchaser with all of the time share disclosure documents required by law in the jurisdiction in which the time share is located.