Lease, long-term lessee, long-term lessor, short-term lessee and short-term lessor defined.
Nev. Rev. Stat. § 482.053
in effectFor the purposes of regulation under this chapter and of imposing tort liability under NRS 41.440, and for no other purpose:
1. Lease means a contract by which the lienholder or owner of a vehicle transfers to another person, for compensation, the right to use such vehicle but does not include the sharing of a vehicle through a peer-to-peer car sharing program pursuant to chapter 482C of NRS.
2. Long-term lessee means a person who has leased a vehicle from another person for a fixed period of more than 31 days.
3. Long-term lessor means a person who has leased a vehicle to another person for a fixed period of more than 31 days.
4. Short-term lessee means a person who has leased a vehicle from another person for a period of 31 days or less, or by the day, or by the trip.
5. Short-term lessor means a person who has leased a vehicle to another person for a period of 31 days or less, or by the day, or by the trip.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-482.htmlFetched: 10/4/2026