Nev. Rev. Stat. § 597.060

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 597.060 - Lease agreement: Prohibited provisions

A lease agreement with an option to purchase may not contain:

1. A confession of judgment.

2. A negotiable instrument.

3. A security interest or any other claim to an interest in property other than the property delivered by the lessor pursuant to the agreement.

4. An assignment of wages.

5. A waiver by the customer of any claims or defenses.

6. A provision authorizing the lessor, or any other person acting on his or her behalf, to commit any breach of the peace, in order to repossess the leased property.

NRS 597.060

Added to NRS by 1991, 518