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Nevada Residential Purchase Agreement

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 agreement includes the purchase price, financing options, the closing date, and any other contingencies for the transaction. It becomes legally binding once signed by both parties.
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Required Disclosures

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 10 days before transferring ownership. After receiving this notice, the buyer may choose to cancel the purchase.

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