NRS 482.3156 - Waiver of damages: Disclosure of certain information required.

NV Rev Stat § 482.3156 (2019) (N/A)

Copy with citation

Copy as parenthetical citation

A short-term lessor who offers or provides a waiver of damages for any consideration in addition to the rate for lease of a passenger car shall clearly and conspicuously disclose the following information in the lease or a holder in which the lease is placed and on a sign posted at the place where the lessee signs the lease:

1. The nature and extent of the short-term lessee’s liability.

2. A statement that the short-term lessee’s personal insurance policy may provide coverage for all or a portion of the lessee’s potential liability.

3. A statement that the short-term lessee should consult with his or her insurer to determine the scope of insurance coverage.

4. A statement that the short-term lessee may purchase an optional waiver of damages to cover all liability subject to any exception that the short-term lessor includes and that is permitted by NRS 482.31555.

5. The charge for the waiver of damages.

6. A statement that Nevada law requires any driver of a passenger car and any passenger 5 years of age or older who rides in the front or back seat of a passenger car to wear a safety belt if one is available for that seating position.

(Added to NRS by 1989, 1621)

Previous Section

NRS 482.31555 - Short-term lessor authorized to restrict applicability of waiver of damages under certain circumstances.

Next Section

NRS 482.31565 - Waiver of damages and optional insurance: Purchase as condition for lease prohibited; maximum charge based on value of vehicle; adjustment to reflect Consumer Price Index; advertisements; other prohibited practices.