Sale of real property within district prohibited without notice to purchaser of existence of district and amount of assessments.

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An owner of real property that is located within a district shall not sell that real property unless the owner provides a written notice to the purchaser of the real property:

1. Stating that the real property is located within the district; and

2. Specifying the amount of the assessments paid for that real property pursuant to NRS 320.010 to 320.140, inclusive, for:

(a) The immediately preceding 2 years, if the district has been in existence for 2 years or more before the date the notice is provided to the purchaser; or

(b) The period since the district was created, if the district has been in existence for less than 2 years before the date the notice is provided to the purchaser.

(Added to NRS by 1999, 2088)


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