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Nevada Purchase or Sale of Real Property - Land or Lot - Questionnaire

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Multi-State
Control #:
US-Q1036
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Description

This form addresses important considerations that may effect the legal rights and obligations of the parties in a lot or land sale matter. This questionnaire enables those seeking legal help to effectively identify and prepare their issues and problems. Thorough advance preparation enhances the attorney’s case evaluation and can significantly reduce costs associated with case preparation.



This questionnaire may also be used by an attorney as an important information gathering and issue identification tool when forming an attorney-client relationship with a new client. This form helps ensure thorough case preparation and effective evaluation of a new client’s needs. It may be used by an attorney or new client to save on attorney fees related to initial interviews.


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FAQ

Importantly, Nevada law specifically "does not require a seller to disclose a defect in residential property of which the seller is not aware." In other words, you have no obligation to hire an inspector to tell you whether your plumbing works or not.

In light of this, the Nevada Revised Statutes require property owners to complete a seller's real property disclosure form and furnish it to the buyers or buyer's agent no less than ten days before the property is sold.

Any purchase agreement should include at least the following information:The identity of the buyer and seller.A description of the property being purchased.The purchase price.The terms as to how and when payment is to be made.The terms as to how, when, and where the goods will be delivered to the purchaser.More items...

Key Takeaways. Property sellers are usually required to disclose negative information about a property. It is usually wise to always disclose issues with your home, whether you are legally bound to or not. The seller must follow local, state, and federal laws regarding disclosures when selling their home.

As a general rule, all sellers of residential real estate property containing one to four units in California must complete and provide written disclosures to the buyer. The most commonly used form for such disclosures is the Transfer Disclosure Statement that the sellers will complete and sign.

21d2 Who must provide the disclosure? The seller must complete the Seller's Real Property Disclosure form, detailing the condition of the property, known defects, and any other aspects of the property which may affect its use or value.

The seller must disclose all known material facts about the property that could reasonably influence a buyer's decision to buy. The listing agent should give the seller a Seller Property Disclosure Statement to fill out at the initial listing appointment.

The disclosure asks about the condition of various categories of aspects of your property, including systems and appliances (such as plumbing, garbage disposal), property conditions (roof, renovations, flooding, and so on), and environmental hazards and conditions (such as radon, asbestos, lead, meth production, and

To obtain a sale and purchase agreement you'll need to contact your lawyer or conveyancer or a licenced real estate professional. You can also purchase printed and digital sale and purchase agreement forms online.

Any purchase agreement should include at least the following information:The identity of the buyer and seller.A description of the property being purchased.The purchase price.The terms as to how and when payment is to be made.The terms as to how, when, and where the goods will be delivered to the purchaser.More items...

More info

A deposit, called earnest money, is deposited with the seller's real estate brokerage, an escrow agent, or an attorney depending on the ... Real estate brokerage office until the offer is accepted, then depositA broker who is licensed in Montana only wants to sell lots in Nevada as mobile.13 pages real estate brokerage office until the offer is accepted, then depositA broker who is licensed in Montana only wants to sell lots in Nevada as mobile.In today's hot real estate market it's relatively easy to sell your average house, but selling land can be tricky and knowing how to sell land can make a ... The Gokce Land Due Diligence Program has all you need to know before you buy!the metes and bounds description in the property deed placed the lot in a ... Entry or when any changes are made in order to populate the barcode. Any questions that cannot be answered using these instructions should be addressed to NYS ...8 pagesMissing: Nevada ? Must include: Nevada entry or when any changes are made in order to populate the barcode. Any questions that cannot be answered using these instructions should be addressed to NYS ... G. The property was purchased: Phone number: Other. Please explain: Through real estate broker. Broker name: Direct from seller. A land contract is a written legal contract used to purchase real estate, such as vacant land, a house, an apartment building, or other real property. United States. Congress. House. Committee on Appropriations. Subcommittee on Department of the Interior and Related Agencies · 1998 · ?United StatesCONVEYANCE OF LAND TO LANDER COUNTY , NEVADA . 1 ( a )--The property conveyed under subsection ( a ) shall be subject to ( 1 ) the right - of - way for ... HOW CAN A PROPERTY BE ASSESSED FOR MORE THAN ITS PURCHASE PRICE? Real Estate may be assessed for more than the sales price because the assessment reflects ?fair ... A housing discrimination charge must be file with the Nevada Real EstateB. make sure that the written purchase and sales agreement include all the term ...

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Nevada Purchase or Sale of Real Property - Land or Lot - Questionnaire