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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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Updated July 25, 2024

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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 – Nevada requires property sellers to provide buyers with an accounting of the property’s condition at least 10 days before transferring ownership.[1] After receiving this notice, the buyer may choose to cancel the purchase.

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Sources

  1. NRS 113.130