Nev. Admin. Code § 119A.350 - Reference to right of exchange, resale or repurchase

An advertisement which refers to:

1. A privilege on the part of the owner to exchange his or her time share must clearly state any qualification or limitation on the privilege.
2. A resale or repurchase of the time share by the developer must fully disclose the terms and conditions of the resale or repurchase.

Notes

Nev. Admin. Code § 119A.350
Added to NAC by Real Estate Div., eff. 12-3-84

NRS 119A.190, 119A.370

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