Nevada § 119A.390 - Reservation to purchase time share
Full text of Nevada Nevada Revised Statutes § 119A.390 — Reservation to purchase time share, with citation guidance and answers to common questions.
§ 119A.390. Reservation to purchase time share
A reservation to purchase a time share must: 1. Be on a form approved by the Division; 2. Include a provision which grants the prospective purchaser the right to cancel
the reservation at any time before the execution of the contract of sale with the
full refund of any deposit; 3. Provide for the placement of any deposit in escrow until a permit is issued by
the Administrator pursuant to NRS 119A.320 ; 4. Guarantee the purchase price for the time share for a certain period after the
issuance of the permit to sell time shares; and 5. Require that any interest earned on the deposit for the reservation be paid to
the prospective purchaser.
Frequently Asked Questions About Nevada § 119A.390
What does Nevada Revised Statutes § 119A.390 cover?
Section 119A.390 ("Reservation to purchase time share") 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 § 119A.390?
A common citation format is "Nevada Revised Statutes § 119A.390" (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 § 119A.390 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.