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Nevada Residential Lease Agreement | PDF – MS Word

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A Nevada residential lease agreement is a legal document in which the landlord and tenant agree to the terms and conditions surrounding the rental of real estate. It is common for the landlord to ask the tenant to complete a credit application before any agreements are presented. However, should the application go through, and an agreement gets signed, both parties will be legally bound by the provisions set therein. Keys and access to the property are typically granted after the agreement is signed, security deposits are made, and the tenant pays the first (1st) month’s rent.

Table of Contents

Forms (2)


 

Standard Residential Lease Agreement

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Assoc. of Realtors Lease Agreement

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Security Deposit Laws

Maximum Amount ($) – The landlord may demand as much as, but no more than, three (3) months’ rent (NRS 118A.242).

Returning – The landlord must return the deposit if applicable within thirty (30) days of the termination fo the tenancy (NRS 118A.242).

Required Disclosures

Lead-Based Paint Disclosure – If the dwelling being leased was constructed prior to January 1st, 1978, the rental agreement must be accompanied by a lead-based paint disclosure.

Foreclosure – It is required of the landlord that they disclose if the property is subject to any foreclosure proceedings (NRS 118A.200).

Disclosure of Names of Managers and Owners – The landlord must disclose the name and address of any manager or representative who is able to manage the premises or act on behalf of the landlord (NRS 118A.200).

Grace Period

There are no grace period laws in the state of Nevada. A landlord may charge a late fee (amount not statutorily defined) should rent be received past the due date; however, they must specify any applicable fee in the rental agreement.

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