489.7154 - Contract for sale or exchange of interest in mobile home, manufactured home, manufactured building or commercial coach or factory-built housing: Essential provisions required before buyer m

489.7154  Contract for sale or exchange of interest in mobile home, manufactured home, manufactured building or commercial coach or factory-built housing: Essential provisions required before buyer may sign; dealer authorized to insert certain information after contract signed by buyer; regulations.

      1.  Except as otherwise provided in subsection 2, a dealer shall not obtain or attempt to obtain the signature of a buyer on a contract for the sale or exchange of an interest in a mobile home, manufactured home, manufactured building or commercial coach or factory-built housing if any of the essential provisions of the contract are not set forth in the contract.

      2.  The dealer may insert:

      (a) The identification number or identifying marks of a manufactured home, mobile home, manufactured building or commercial coach or factory-built housing; and

      (b) The date the first installment payment for the sale or exchange is due from the buyer,

Ê into the blank spaces of a contract after the contract has been signed by a buyer if the manufactured home, mobile home, manufactured building, commercial coach or factory-built housing was not delivered to the buyer on the date the contract was executed.

      3.  The Administrator shall prescribe, by regulation, the essential provisions of a contract.

      (Added to NRS by 1999, 860; A 2009, 1921)