Nevada § 104A.2503 - Modification or impairment of rights and remedies
Full text of Nevada Nevada Revised Statutes § 104A.2503 — Modification or impairment of rights and remedies, with citation guidance and answers to common questions.
§ 104A.2503. Modification or impairment of rights and remedies
1. Except as otherwise provided in this article, the lease agreement may include rights
and remedies for default in addition to or in substitution for those provided in this
article and may limit or alter the measure of damages recoverable under this article. 2. Resort to a remedy provided under this article or in the lease agreement is optional
unless the remedy is expressly agreed to be exclusive. If circumstances cause an exclusive or limited remedy to fail of its essential purpose,
or provision for an exclusive remedy is unconscionable, remedy may be had as provided
in this article. 3. Consequential damages may be liquidated under NRS 104A.2504 , or may otherwise be limited, altered or excluded unless the limitation, alteration
or exclusion is unconscionable. Limitation, alteration or exclusion of consequential damages for injury to the person
in the case of consumer goods is prima facie unconscionable but limitation, alteration
or exclusion of damages where the loss is commercial is not prima facie unconscionable. 4. Rights and remedies on default by the lessor or the lessee with respect to any
obligation or promise collateral or ancillary to the lease contract are not impaired
by this article.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104A.2503
What does Nevada Revised Statutes § 104A.2503 cover?
Section 104A.2503 ("Modification or impairment of rights and remedies") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 104A.2503?
A common citation format is "Nevada Revised Statutes § 104A.2503" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104A.2503 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.