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Nevada Residential Purchase Agreement

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Updated June 26, 2025

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.

State Laws

Seller Duties – The seller must provide the buyer with a completed property disclosure statement at least 10 days before the property is conveyed to the buyer.[1]

If the seller or the seller’s agent discovers a new defect that was not identified on the disclosure form, they must inform the buyer in writing prior to the execution of the agreement.

Buyer’s Rights – If the seller does not agree to repair or replace the defect that was discovered after providing the disclosure statement, the buyer has the right to terminate the purchase agreement.[2]

In addition, if the seller does not provide the property disclosure at least 10 days before the execution of the agreement, the buyer has the right to terminate the agreement without any penalty.[3]

Seller’s Disclosures (3)

Seller’s Real Property Disclosure Form (required) – 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.

Download: PDF

Lead-Based Paint Disclosure (conditional) – 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.[4]

Download: PDF

Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[5]

Download: PDF

Sample

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