This page provides links to posted Nevada Revised Statutes and Nevada Administrative Code. A legal resource guide for Nevada real estate licensees.A Nevada real estate contract is a legally binding contract that is drafted when a buyer makes an offer on real estate that is for sale. 920 - Contracts for mortgage transaction voidable for certain violations. An assignment is the transfer of the right, title and interest in the property of one person to another. Also, most people who take out a loan to buy a residential property in Nevada sign a promissory note and a deed of trust, which is like a mortgage. A homeowner may cancel a contract upon written notification at any time after the expiration of the rescission period that is provided for in NAC 645F.635. Nevada law to provide the Duties Owed form. Nevada law requires that the two of you make an adequate disclosure of your assets and liabilities to each other or that you waive such a disclosure. Will bankruptcy save my house?