Nevada § 624.870 - Duties of contractor regarding commencement, performance and completion of work; contract required to contain written explanation of rights of customer; conditions for final payment

§ 624.870. Duties of contractor regarding commencement, performance and completion of work; contract required to contain written explanation of rights of customer; conditions for final payment

1. A contractor who receives an initial down payment or deposit of $1,000 or 10 percent

of the aggregate contract price, whichever is less, for work concerning a residential

photovoltaic system used to produce electricity shall start the work within 30 days

after the date all necessary permits for the work and all necessary approvals from

an electric utility into whose system the residential photovoltaic system used to

produce electricity will interconnect, if any, are issued, unless the person who made

the payment agrees in writing to a longer period. 2. A contractor who receives money for work concerning a residential photovoltaic

system used to produce electricity shall complete the work diligently and shall not

refuse to perform any work agreed to in the contract for any 30-day period. 3. Except as otherwise provided in subsection 4, if satisfactory payment is made for

any portion of the work performed, the contractor shall, before any further payment

is made, furnish to the owner of the single-family residence on which the work was

performed a full and unconditional release of the contractor's claim for a mechanic's

lien for that portion of the work for which payment has been made. 4. The requirements of subsection 3 do not apply if the contract for the work provides

for the contractor to furnish a bond for payment and performance or joint control

covering full performance and completion of the contract and the bond or joint control

is furnished by the contractor. 5. A contract for work concerning a residential photovoltaic system used to produce

electricity must contain a written statement explaining the rights of the customer

under NRS 624.830 to 624.895 , inclusive, and other relevant statutes, including, without limitation, NRS 598.9801 to 598.9822 , inclusive. 6. A contractor may require final payment for the final stage or phase of the construction

of a residential photovoltaic system used to produce electricity after the system

is deemed complete and any required inspections are completed.