Nevada § 104A.2505 - Cancellation and termination, and effect of cancellation, termination, rescission or fraud on rights and remedies
Full text of Nevada Nevada Revised Statutes § 104A.2505 — Cancellation and termination, and effect of cancellation, termination, rescission or fraud on rights and remedies, with citation guidance and answers to common questions.
§ 104A.2505. Cancellation and termination, and effect of cancellation, termination, rescission or fraud on rights and remedies
1. On cancellation of the lease contract, all obligations that are still executory
on both sides are discharged, but any right based on prior default or performance
survives, and the cancelling party also retains any remedy for default of the whole
lease contract or any unperformed balance. 2. On termination of the lease contract, all obligations that are still executory
on both sides are discharged but any right based on prior default or performance survives. 3. Unless the contrary intention clearly appears, expressions of “cancellation,” “rescission”
or the like of the lease contract may not be construed as a renunciation or discharge
of any claim in damages for an antecedent default. 4. Rights and remedies for material misrepresentation or fraud include all rights
and remedies available under this article for default. 5. Neither rescission nor a claim for rescission of the lease contract nor rejection
or return of the goods may bar or be deemed inconsistent with a claim for damages
or other right or remedy.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 104A.2505
What does Nevada Revised Statutes § 104A.2505 cover?
Section 104A.2505 ("Cancellation and termination, and effect of cancellation, termination, rescission or fraud on 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.2505?
A common citation format is "Nevada Revised Statutes § 104A.2505" (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.2505 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.