Nev. Rev. Stat. § 111.880
This is the official text of Nev. Rev. Stat. § 111.880, part of Nevada’s Rev. Stat — part of the compiled statutory law of Nevada, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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Liability for creation after May 20, 2011
Official statutory text
1. Any person who creates or records a private transfer fee obligation in the person's favor on or after May 20, 2011, or who fails to comply with a requirement imposed by subsection 1 of NRS 111.870 or subsection 1 of NRS 111.875 is liable for all: (a) Damages resulting from the enforcement of the private transfer fee obligation upon the transfer of an interest in the real property, including, without limitation, the amount of any private transfer fee paid by a party to the transfer; and (b) Attorney's fees, expenses and costs incurred by a party to the transfer or mortgagee of the real property to recover any private transfer fee paid or in connection with an action to quiet title.
2. A principal is liable pursuant to this section for the acts or omissions of an authorized agent of the principal.
2. A principal is liable pursuant to this section for the acts or omissions of an authorized agent of the principal.
Status: in_force · Read it on the official government site
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