1. A dealer who has entered into a brokerage agreement with a client for the sale or exchange of an interest in a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing shall:
(a) Seek the price and terms for the sale or exchange that are set forth in the brokerage agreement or are approved by the client;
(b) Present all offers made to or by the client as soon as practicable;
(c) Disclose to the client all the material facts known by the dealer concerning the sale or exchange;
(d) Advise the client to obtain advice from an expert concerning any matters that are beyond the knowledge or expertise of the dealer;
(e) As soon as practicable, account for all money and property the dealer receives in which the client may have a financial interest; and
(f) As soon as practicable, deliver to each party a copy of the executed contract for the sale or exchange.
2. A dealer shall not enter into a brokerage agreement with a client for the sale or exchange of an interest in a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing unless the dealer has determined that the client will be able to deliver good title upon the execution of the sale or exchange of the interest in the manufactured home, mobile home, manufactured building, commercial coach or factory-built housing.
(Added to NRS by 1999, 859; A 2009, 1921)
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
