Nev. Rev. Stat. § 482.053
“Lease,” “long-term lessee,” “long-term lessor,” “short-term lessee” and “short-term lessor” defined
Nevada · Nevada Revised Statutes Chapter 482 — Motor Vehicles and Trailers: Licensing, Registration, Sales and Leases · Status: effective
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- Nev. Rev. Stat. § 482.053, “Lease,” “long-term lessee,” “long-term lessor,” “short-term lessee” and “short-term lessor” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2123249
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For the purposes of regulation under this chapter and of imposing tort liability under NRS 41.440, and for no other purpose:
1. “Lease” means a contract by which the lienholder or owner of a vehicle transfers to another person, for compensation, the right to use such vehicle but does not include the sharing of a vehicle through a peer-to-peer car sharing program pursuant to chapter 482C of NRS.
2. “Long-term lessee” means a person who has leased a vehicle from another person for a fixed period of more than 31 days.
3. “Long-term lessor” means a person who has leased a vehicle to another person for a fixed period of more than 31 days.
4. “Short-term lessee” means a person who has leased a vehicle from another person for a period of 31 days or less, or by the day, or by the trip.
5. “Short-term lessor” means a person who has leased a vehicle to another person for a period of 31 days or less, or by the day, or by the trip.