Disclosure of interest to prospective purchaser

NAC 119A.285 Disclosure of interest to prospective purchaser. ( NRS 119A.190 ) If a licensee owns or has an interest in a time share which he or she is attempting to sell, or has an interest in the time-share plan of the time share, the licensee shall disclose the interest and the nature thereof in writing to a prospective purchaser before or at the time of his or her receipt of an offer to purchase. (Added to NAC by Real Estate Div., eff. 12-3-84; A by R130-16, 8-30-2018)