487.830 - Transfer of interest in motor vehicle: Transferor to disclose in writing information as to status of vehicle as salvage, rebuilt or reconstructed; additional duties of transferor; criminal p - Nevada Statutes

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Statutes > Nevada > Title-43 > Chapter-487 > Repairs-rebuilt-vehicles-salvage-vehicles-total-loss-vehicles-nonrepairable-vehicles > 487-830

487.830 Transfer of interest in motor vehicle: Transferor to disclose in writing information as to status of vehicle as salvage, rebuilt or reconstructed; additional duties of transferor; criminal penalty.

1. Any person who transfers an interest in a motor vehicle in this State shall, before the transfer, disclose in writing to the transferee any information that the transferor knows or reasonably should know concerning whether the vehicle is a salvage vehicle, a rebuilt vehicle or a reconstructed vehicle, as that term is defined in NRS 482.100.

2. If the transferor is subject to any of the provisions of NRS 482.423 to 482.4245, inclusive, the transferor shall:

(a) Make the disclosure required by subsection 1 before executing a contract of sale or a long-term lease;

(b) Provide a copy of the disclosure to the transferee; and

(c) Retain the written disclosure in his or her records for the period specified in NRS 482.3263.

3. A person who violates subsection 1 is guilty of obtaining property by false pretenses as provided in NRS 205.380.

(Added to NRS by 2003, 1909; A 2007, 3415)

State Codes and Statutes

Statutes > Nevada > Title-43 > Chapter-487 > Repairs-rebuilt-vehicles-salvage-vehicles-total-loss-vehicles-nonrepairable-vehicles > 487-830

487.830 Transfer of interest in motor vehicle: Transferor to disclose in writing information as to status of vehicle as salvage, rebuilt or reconstructed; additional duties of transferor; criminal penalty.

1. Any person who transfers an interest in a motor vehicle in this State shall, before the transfer, disclose in writing to the transferee any information that the transferor knows or reasonably should know concerning whether the vehicle is a salvage vehicle, a rebuilt vehicle or a reconstructed vehicle, as that term is defined in NRS 482.100.

2. If the transferor is subject to any of the provisions of NRS 482.423 to 482.4245, inclusive, the transferor shall:

(a) Make the disclosure required by subsection 1 before executing a contract of sale or a long-term lease;

(b) Provide a copy of the disclosure to the transferee; and

(c) Retain the written disclosure in his or her records for the period specified in NRS 482.3263.

3. A person who violates subsection 1 is guilty of obtaining property by false pretenses as provided in NRS 205.380.

(Added to NRS by 2003, 1909; A 2007, 3415)

State Codes and Statutes

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State Codes and Statutes

Statutes > Nevada > Title-43 > Chapter-487 > Repairs-rebuilt-vehicles-salvage-vehicles-total-loss-vehicles-nonrepairable-vehicles > 487-830

487.830 Transfer of interest in motor vehicle: Transferor to disclose in writing information as to status of vehicle as salvage, rebuilt or reconstructed; additional duties of transferor; criminal penalty.

1. Any person who transfers an interest in a motor vehicle in this State shall, before the transfer, disclose in writing to the transferee any information that the transferor knows or reasonably should know concerning whether the vehicle is a salvage vehicle, a rebuilt vehicle or a reconstructed vehicle, as that term is defined in NRS 482.100.

2. If the transferor is subject to any of the provisions of NRS 482.423 to 482.4245, inclusive, the transferor shall:

(a) Make the disclosure required by subsection 1 before executing a contract of sale or a long-term lease;

(b) Provide a copy of the disclosure to the transferee; and

(c) Retain the written disclosure in his or her records for the period specified in NRS 482.3263.

3. A person who violates subsection 1 is guilty of obtaining property by false pretenses as provided in NRS 205.380.

(Added to NRS by 2003, 1909; A 2007, 3415)