Nevada § 119A.4777 - Requirements for agreement for resale of time share; time-share resale broker to provide copy of agreement to owner
Full text of Nevada Nevada Revised Statutes § 119A.4777 — Requirements for agreement for resale of time share; time-share resale broker to provide copy of agreement to owner, with citation guidance and answers to common questions.
§ 119A.4777. Requirements for agreement for resale of time share; time-share resale broker to provide copy of agreement to owner
1. An agreement for the resale of a time share entered into by an owner of that time
share and a time-share resale broker who lists or offers to resell that time share
must: (a) Be in writing; (b) Contain a provision in not less than 12-point boldface type that the owner may
cancel, by written notice, the agreement with the time-share resale broker until midnight
of the fifth calendar day after the date of execution of the agreement; and (c) Contain a written disclosure that sets forth: (1) Whether any person other than the purchaser may use the time share during the
period before the time share is resold; (2) Whether any person other than the purchaser may rent the use of the time share
during the period before the time share is resold; (3) The name of any person who will receive any rents or profits generated from the
use of the time share during the period before the time share is resold; (4) A detailed description of any relationship between the person who resells the
time share and any other person who receives any benefit from the use of the time
share; and (5) The right to cancel the agreement provided pursuant to paragraph (b). 2. The time-share resale broker who resells a time share shall provide a fully executed
copy of the written agreement described in subsection 1 to the owner on the date that
the owner signs the agreement. 3. The time-share resale broker who resells a time share shall make the disclosures
required pursuant to paragraph (c) of subsection 1 before accepting anything of value
from the owner.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 119A.4777
What does Nevada Revised Statutes § 119A.4777 cover?
Section 119A.4777 ("Requirements for agreement for resale of time share; time-share resale broker to provide copy of agreement to owner") 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.4777?
A common citation format is "Nevada Revised Statutes § 119A.4777" (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.4777 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.