Section 645F.655 - Contract to provide covered services: Waiver of provisions and limitation of liability of licensee prohibited; mandatory arbitration voidable by homeowner1. A licensee shall not attempt to induce a homeowner to waive any of the provisions of NAC 645F.630 to 645F.650, inclusive, or otherwise attempt to limit the liability of the licensee for the licensee's conduct. Any waiver by a homeowner of the provisions of NAC 645F.630 to 645F.650, inclusive, or limitation of liability, is void and unenforceable.2. Any provision in a contract which attempts or purports to require mandatory arbitration of any dispute arising under NAC 645F.630 to 645F.650, inclusive, is voidable at the option of the homeowner.Nev. Admin. Code § 645F.655
Added to NAC by Comm'r of Mortgage Lending by R052-09, eff. 8-25-2009