- 1. The Division shall prepare a booklet that provides relevant information concerning the disclosures that are required by federal, state and local laws and regulations by a buyer and a seller in a transaction involving the sale of residential property.
- 2. The Division shall make copies of the booklet prepared pursuant to subsection 1 available to licensees which the licensee must distribute to prospective buyers and sellers in the sale of residential property in accordance with the regulations adopted by the Commission.
- 3. The Commission shall approve the format and content of the information that must be included in the booklet.
- 4. As used in this section, “residential property” has the meaning ascribed to it in NRS 113.100.
(Added to NRS by 2005, 1285)