Nevada § 111.880 - Liability for creation after May 20, 2011
Full text of Nevada Nevada Revised Statutes § 111.880 — Liability for creation after May 20, 2011, with citation guidance and answers to common questions.
§ 111.880. Liability for creation after May 20, 2011
1. Any person who creates or records a private transfer fee obligation in the person's
favor on or after May 20, 2011, or who fails to comply with a requirement imposed
by subsection 1 of NRS 111.870 or subsection 1 of NRS 111.875 is liable for all: (a) Damages resulting from the enforcement of the private transfer fee obligation
upon the transfer of an interest in the real property, including, without limitation,
the amount of any private transfer fee paid by a party to the transfer; and (b) Attorney's fees, expenses and costs incurred by a party to the transfer or mortgagee
of the real property to recover any private transfer fee paid or in connection with
an action to quiet title. 2. A principal is liable pursuant to this section for the acts or omissions of an
authorized agent of the principal.
Frequently Asked Questions About Nevada § 111.880
What does Nevada Revised Statutes § 111.880 cover?
Section 111.880 ("Liability for creation after May 20, 2011") 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 § 111.880?
A common citation format is "Nevada Revised Statutes § 111.880" (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 § 111.880 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.