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Nevada Residential Real Estate Purchase and Sale Agreement

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Nevada Residential Real Estate Purchase and Sale Agreement

Updated September 20, 2023

A Nevada purchase agreement is a legal document that outlines the terms for the sale of real estate between a seller and a buyer. The real estate is commonly exchanged for a purchase price in accordance with the contingencies outlined in the agreement. The buyer will commonly request between 30 to 120 days to perform inspections on the property and obtain any necessary financing (mortgage).

In accordance with Nevada law, the seller must provide a Property Disclosure Form at least 10 days prior to the closing date.

Table of Contents

Realtor Versions (2)

Greater Las Vegas Assoc. of Realtors

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Nevada Assoc. of Realtors

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Disclosures (2)

Lead-Based Paint Disclosure – If a person is purchasing a residence that was built prior to 1978, they must be given a statement that describes the possibility of lead-based paint existing on the property.

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Seller’s Real Property Disclosure Form (NRS 113.130) – Nevada requires property sellers to provide buyers with an accounting of the property’s condition at least ten (10) days before transferring ownership. After receiving this notice, the buyer may choose to cancel the purchase.

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Commercial Property

Commercial Purchase AgreementUse this agreement as a legal contract to buy or sell any type of commercial property.

Download: PDF, MS Word, OpenDocument